64 2nd StPeeblesOH45660
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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 Peebles at 64 2nd St, Peebles, OH, 45660 priced at $115,000 converts $872/mo rent into $115/mo cash flow after a $563/mo obligation. Total monthly income equals $872/mo, and annual cash flow totals $1,385/yr on $38,123 invested. Return on cash invested prints 23.54% in year one, and rental yield reads 9.1% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 122.94% and total cumulative return in cash sums $46,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $872/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1968
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45660, Peebles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,717 (100%) |
| Owner Occupied HU | 2,247 (60.5%) |
| Renter Occupied HU | 940 (25.3%) |
| Vacant Housing Units | 530 (14.3%) |
| Median Home Value | $172,407 |
| Average Home Value | $204,388 |
Housing Distribution
Address Breakdown
Residential
3,396
Single Family
3,372
Multi-Family
24
Businesses
147
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