County Road 46Lower SalemOH45745
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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 Lower Salem at County Road 46, Lower Salem, OH, 45745 offers $1,664/mo rent that, after a $1,272/mo payment. Total monthly income is $1,664/mo. Return on cash invested measures 19.28% in year one, and rental yield stands at 7.68% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 99.97% and total cumulative return in cash reaches $86,134. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,664/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
63.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45745, Lower Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 580 (100%) |
| Owner Occupied HU | 374 (64.5%) |
| Renter Occupied HU | 80 (13.8%) |
| Vacant Housing Units | 126 (21.7%) |
| Median Home Value | $158,673 |
| Average Home Value | $178,924 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
16
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Listed by: Tristden Bauer • Mossy Oak Properties Bauer Realty & Auctions
Mls Name: REALSTACK
Mls ID: #96129