859 County Road 53Kitts HillOH45645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kitts Hill at 859 County Road 53, Kitts Hill, OH, 45645 uses $92,489 cash to close to unlock $10,864/yr annual cash flow and $905/mo monthly cash flow. Total monthly income runs $2,741/mo, and a $1,366/mo payment keeps the spread at $905/mo. Purchase price stands at $279,000, and rental yield measures 11.79% with $2,741/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 166.37% and total cumulative return in cash records $153,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,741/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45645, Kitts Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 837 (74.7%) |
| Renter Occupied HU | 161 (14.4%) |
| Vacant Housing Units | 122 (10.9%) |
| Median Home Value | $93,804 |
| Average Home Value | $120,729 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,115
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHANE J CRAIG • Prime Realty
Mls Name: AABR
Mls ID: #59616