689 Herms HlWheelersburgOH45694
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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 Wheelersburg at 689 Herms Hl, Wheelersburg, OH, 45694 earns $136/mo cash flow from $1,385/mo rent with a $929/mo payment. Total monthly income totals $1,385/mo, and annual cash flow totals $1,636/yr on $62,952 capital. ROI tracks 22.51% on current figures, and rental yield reads 8.75% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 117.34% and total cumulative return in cash sums $73,865. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,385/mo property income instead of your personal income.
Single Family
Built in 1960
9,191 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
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Nearby investment properties with comparable prices
Listed by: Nakia Steward • EXSELL Realty Group
Mls Name: GPABR
Mls ID: #152216
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.