725 Logan AveMingo JunctionOH43938
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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 Mingo Junction at 725 Logan Ave, Mingo Junction, OH, 43938 generates $1,117/mo in rent and, after a $683/mo payment, leaves $199/mo in cash flow. Total monthly income is $1,117/mo, and annual cash flow is $2,390/yr on $46,244 invested. Return on cash invested sits at 25.08% in year one, and rental yield is 9.61% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash sums $60,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,117/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Listed by: Stacey M Longenette • The Holden Agency
Mls Name: MLS Now
Mls ID: #5124653