841 Marion PikeCoal groveOH45638
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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 Coal grove at 841 Marion Pike, Coal grove, OH, 45638 with 5% annual appreciation on a $206,733 basis while $2,396/mo rent supports operations. Total monthly income totals $2,396/mo and a $1,012/mo payment preserves $1,036/mo for cash returns. Annual cash flow comes to $12,432/yr on $68,532 deployed, and return on cash invested reaches 38.05% in year one. Equity gained on principal adds $1,334/yr, and five-year appreciation sums $57,117 alongside rental yield of 13.91%. Five-year ROI measures 200.61% and total cumulative return in cash totals $137,482.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,396/mo property income versus a $1,012/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45638, Ironton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,043 (100%) |
| Owner Occupied HU | 5,319 (58.8%) |
| Renter Occupied HU | 2,626 (29.0%) |
| Vacant Housing Units | 1,098 (12.1%) |
| Median Home Value | $126,233 |
| Average Home Value | $151,706 |
Housing Distribution
Address Breakdown
Residential
8,724
Single Family
8,426
Multi-Family
298
Businesses
612
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Listed by: Richard Kruse • GryphonUSA.com
Mls Name: My State MLS
Mls ID: #11325745