628 State Route 571Union CityOH45390
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
Investment property for sale in Union City at 628 State Route 571, Union City, OH, 45390 offers a 5.31% rental yield on a $269,500 purchase with $1,192/mo rent. 11% in year one. Equity gained on principal adds $1,739/yr while 5% annual appreciation supports $74,458 over five years. Portfolio math shows five-year ROI at 61.57% and total cumulative return in cash at $55,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,192/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.68 Acres 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: Lori Ruemping • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #938378