643 Western AveMingo JunctionOH43938
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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 Mingo Junction at 643 Western Ave, Mingo Junction, OH, 43938 earns $77/mo cash flow from $1,207/mo rent with a $841/mo payment. Total monthly income totals $1,207/mo, and annual cash flow totals $920/yr on $56,985 capital. ROI tracks 21.52% on current figures, and rental yield reads 8.43% at a $171,900 purchase. Equity gained on principal adds $1,109/yr, and 5% annual appreciation supports $47,493 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $63,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,207/mo property income instead of your personal income.
Single Family
Built in 1948
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Listed by: Carlo Agresta • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5177154