960 Wayne AveZanesvilleOH43701
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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 Zanesville at 960 Wayne Ave, Zanesville, OH, 43701 uses $101,108 cash to close to unlock $1,555/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,136/mo, and a $1,493/mo payment keeps the spread at $130/mo. Purchase price stands at $305,000, and rental yield measures 8.4% with $2,136/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 111.61% and total cumulative return in cash records $112,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,136/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1970
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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