621 Franklin AveConesvilleOH43811
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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 Conesville at 621 Franklin Ave, Conesville, OH, 43811 priced at $169,900 converts $0/mo rent into after a $832/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.91% in year one, and rental yield reads 0% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43811, Conesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 344 (100%) |
| Owner Occupied HU | 264 (76.7%) |
| Renter Occupied HU | 50 (14.5%) |
| Vacant Housing Units | 30 ( 8.7%) |
| Median Home Value | $176,364 |
| Average Home Value | $174,972 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Matt McCreery • Key Realty
Mls Name: MLS Now
Mls ID: #5173295