9307 State Route 243South PtOH45680
Nearby investment properties with comparable rents
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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 South Pt at 9307 State Route 243, South Pt, OH, 45680 uses $79,825 cash to close to unlock $4,040/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,921/mo, and a $1,179/mo payment keeps the spread at $337/mo. Purchase price stands at $240,800, and rental yield measures 9.57% with $1,921/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $66,529 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash records $104,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,921/mo property income covering a $1,179/mo payment rather than investor’s personal income.
Single Family
Built in 1971
35.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
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