7925 Hickory AveRussells PointOH43348
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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 Russells Point at 7925 Hickory Ave, Russells Point, OH, 43348 with 5% annual appreciation on a $618,800 basis while $1,634/mo rent supports operations. 7% in year one. Equity gained on principal adds $3,993/yr, and five-year appreciation sums $170,963 alongside rental yield of 3.17%. Five-year ROI measures 27.12% and total cumulative return in cash totals $55,222. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,634/mo property income versus a $3,029/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
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Listed by: Diane (Teri) P. Frymyer • Choice Properties Real Estate
Mls Name: WRIST
Mls ID: #1042830