627 S 5th StIrontonOH45638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ironton at 627 S 5th St, Ironton, OH, 45638 offers $2,344/mo rent that, after a $1,346/mo payment, leaves $536/mo cash flow. Total monthly income is $2,344/mo, and annual cash flow is $6,435/yr on $91,129 cash. Return on cash invested measures 26.97% in year one, and rental yield stands at 10.23% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 141.26% and total cumulative return in cash reaches $128,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,344/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1878
5,808 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45638, Ironton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,043 (100%) |
| Owner Occupied HU | 5,319 (58.8%) |
| Renter Occupied HU | 2,626 (29.0%) |
| Vacant Housing Units | 1,098 (12.1%) |
| Median Home Value | $126,233 |
| Average Home Value | $151,706 |
Housing Distribution
Address Breakdown
Residential
8,724
Single Family
8,426
Multi-Family
298
Businesses
612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices