667 Meadows LnWheelersburgOH45694
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
Rental property for sale in Wheelersburg at 667 Meadows Ln, Wheelersburg, OH, 45694 offers $931/mo rent that, after a $685/mo payment, leaves $10/mo cash flow. Total monthly income is $931/mo, and annual cash flow is $124/yr on $46,410 cash. Return on cash invested measures 20.18% in year one, and rental yield stands at 7.98% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 104.84% and total cumulative return in cash reaches $48,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $931/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45694, Wheelersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,003 (100%) |
| Owner Occupied HU | 3,370 (67.4%) |
| Renter Occupied HU | 1,242 (24.8%) |
| Vacant Housing Units | 391 ( 7.8%) |
| Median Home Value | $232,634 |
| Average Home Value | $243,322 |
Housing Distribution
Address Breakdown
Residential
5,105
Single Family
4,955
Multi-Family
150
Businesses
359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Hawk • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #152079
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.