6551 Plattsburg RdSouth CharlestonOH45368
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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 South Charleston at 6551 Plattsburg Rd, South Charleston, OH, 45368 with 5% annual appreciation on a $420,860 basis while $3,738/mo rent supports operations. Total monthly income totals $3,738/mo and a $2,060/mo payment preserves $970/mo for cash returns. Annual cash flow comes to $11,635/yr on $139,515 deployed, and return on cash invested reaches 28.25% in year one. Equity gained on principal adds $2,716/yr, and five-year appreciation sums $116,276 alongside rental yield of 10.66%. Five-year ROI measures 148.07% and total cumulative return in cash totals $206,581.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,738/mo property income versus a $2,060/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
41.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45368, South Charleston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,503 (72.6%) |
| Renter Occupied HU | 445 (21.5%) |
| Vacant Housing Units | 122 ( 5.9%) |
| Median Home Value | $218,833 |
| Average Home Value | $283,576 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,440
Multi-Family
225
Businesses
78
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Listed by: Jeff S. Harvey • Harvey Plus
Mls Name: WRIST
Mls Provider:
Mls ID: #1033813
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.