89 2nd StBuckeye LakeOH43008
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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 Buckeye Lake at 89 2nd St, Buckeye Lake, OH, 43008 uses $54,996 cash to close to unlock $1,233/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $812/mo payment keeps the spread at $103/mo. Purchase price stands at $165,900, and rental yield measures 8.64% with $1,194/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 115.39% and total cumulative return in cash records $63,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $812/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43008, Buckeye Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,140 (100%) |
| Owner Occupied HU | 597 (52.4%) |
| Renter Occupied HU | 261 (22.9%) |
| Vacant Housing Units | 282 (24.7%) |
| Median Home Value | $209,559 |
| Average Home Value | $255,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
95
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Listed by: Kendra Swick • Howard Hanna Real Estate Services
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224031327
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.