629 Tulip LnMartins FerryOH43935
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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 Martins Ferry at 629 Tulip Ln, Martins Ferry, OH, 43935 priced at $199,900 converts $900/mo rent into after a $978/mo obligation. Total monthly income equals $900/mo. Return on cash invested prints 12.4% in year one, and rental yield reads 5.4% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 63.13% and total cumulative return in cash sums $41,833. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,286 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43935, Martins Ferry, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,250 (55.2%) |
| Renter Occupied HU | 1,262 (30.9%) |
| Vacant Housing Units | 567 (13.9%) |
| Median Home Value | $102,682 |
| Average Home Value | $136,140 |
Housing Distribution
Address Breakdown
Residential
3,655
Single Family
3,334
Multi-Family
321
Businesses
262
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Listed by: Anna M Smith • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5158491