703 E Main StOak HillOH45656
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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
Rental property for sale in Oak Hill at 703 E Main St, Oak Hill, OH, 45656 generates $1,973/mo in rent and, after a $1,346/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,973/mo, and annual cash flow is $1,969/yr on $91,163 invested. Return on cash invested sits at 22.07% in year one, and rental yield is 8.61% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 114.99% and total cumulative return in cash sums $104,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,973/mo property income rather than buyer’s personal income.
Single Family
Built in 1896
8,977 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45656, Oak Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,770 (100%) |
| Owner Occupied HU | 1,881 (67.9%) |
| Renter Occupied HU | 570 (20.6%) |
| Vacant Housing Units | 319 (11.5%) |
| Median Home Value | $133,308 |
| Average Home Value | $174,387 |
Housing Distribution
Address Breakdown
Residential
2,728
Single Family
2,728
Multi-Family
0
Businesses
126
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Listed by: Yvonne McFann • ERA Martin & Associates Jackson
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #197169
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. Information is deemed reliable but not guaranteed.