6873 County Road 50RidgewayOH43345
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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 Ridgeway at 6873 County Road 50, Ridgeway, OH, 43345 earns $815/mo cash flow from $1,877/mo rent with a $790/mo payment. Total monthly income totals $1,877/mo, and annual cash flow totals $9,782/yr on $53,537 capital. ROI tracks 38.18% on current figures, and rental yield reads 13.95% at a $161,500 purchase. Equity gained on principal adds $1,042/yr, and 5% annual appreciation supports $44,619 over five years. Five-year ROI reaches 201.42% and total cumulative return in cash sums $107,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,877/mo property income instead of your personal income.
Single Family
Built in 1920
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43345, Ridgeway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 362 (100%) |
| Owner Occupied HU | 293 (80.9%) |
| Renter Occupied HU | 39 (10.8%) |
| Vacant Housing Units | 30 ( 8.3%) |
| Median Home Value | $216,776 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
10
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Listed by: Doug Zimmerman • Zimmerman Realty Ltd.
Mls Name: WRIST
Mls Provider:
Mls ID: #1040822
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.