99 Township Road 1119ChesapeakeOH45619
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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 Chesapeake at 99 Township Road 1119, Chesapeake, OH, 45619 offers a 9.4% rental yield on a $175,000 purchase with $1,371/mo rent. Total monthly income registers $1,371/mo, and a $857/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,633/yr on $58,013 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 127.74% and total cumulative return in cash at $74,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,371/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45619, Chesapeake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,187 (65.8%) |
| Renter Occupied HU | 725 (21.8%) |
| Vacant Housing Units | 410 (12.3%) |
| Median Home Value | $161,464 |
| Average Home Value | $184,625 |
Housing Distribution
Address Breakdown
Residential
3,369
Single Family
3,330
Multi-Family
39
Businesses
191
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Listed by: Valerie Carson • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #152761
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.