98 Ferry StProctorvilleOH45669
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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
Rental property for sale in Proctorville at 98 Ferry St, Proctorville, OH, 45669 priced at $349,000 converts $1,615/mo rent into after a $1,708/mo obligation. Total monthly income equals $1,615/mo. Return on cash invested prints 12.85% in year one, and rental yield reads 5.55% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 65.52% and total cumulative return in cash sums $75,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,615/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45669, Proctorville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,635 (100%) |
| Owner Occupied HU | 3,326 (71.8%) |
| Renter Occupied HU | 923 (19.9%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $197,269 |
| Average Home Value | $224,709 |
Housing Distribution
Address Breakdown
Residential
4,455
Single Family
4,455
Multi-Family
0
Businesses
193
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Listed by: Tamara Spurlock • Re/Max Clarity 1st
Mls Name: HUNTMLS
Mls ID: #181945