623 E North StUnion CityOH45390
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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
Investment property for sale in Union City at 623 E North St, Union City, OH, 45390 offers a 4.78% rental yield on a $149,000 purchase with $594/mo rent. 54% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 53.19% and total cumulative return in cash at $26,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $594/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45390, Union City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 906 (59.9%) |
| Renter Occupied HU | 407 (26.9%) |
| Vacant Housing Units | 199 (13.2%) |
| Median Home Value | $120,283 |
| Average Home Value | $157,831 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,337
Multi-Family
30
Businesses
41
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Listed by: Eric M Brown • EB Real Estate
Mls Name: DABR MLS
Mls ID: #951004