618 Garner AveEast LiverpoolOH43920
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in East Liverpool at 618 Garner Ave, East Liverpool, OH, 43920 priced at $179,900 converts $1,200/mo rent into $16/mo cash flow after a $881/mo obligation. Total monthly income equals $1,200/mo, and annual cash flow totals $194/yr on $59,637 invested. Return on cash invested prints 20.23% in year one, and rental yield reads 8% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 105.15% and total cumulative return in cash sums $62,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1950
4,704 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43920, East Liverpool, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,255 (100%) |
| Owner Occupied HU | 6,291 (61.3%) |
| Renter Occupied HU | 2,795 (27.3%) |
| Vacant Housing Units | 1,169 (11.4%) |
| Median Home Value | $136,246 |
| Average Home Value | $168,877 |
Housing Distribution
Address Breakdown
Residential
9,383
Single Family
8,752
Multi-Family
631
Businesses
818
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Listed by: Zach Underwood • Underwood & Associates
Mls Name: MLS Now
Mls ID: #5182418