1 Thorn Locust Ln #269LondonOH43140
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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 London at 1 Thorn Locust Ln #269, London, OH, 43140 at $109,750 posts ROI 33.7% with $418/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $5,019/yr on $36,382 to close. Return on cash invested measures 33.7% and rental yield reads 12.46% at the current $109,750. Equity gained on principal adds $708/yr, and 5% annual appreciation supports $30,322 by year five. Five-year ROI prints 177.43% and total cumulative return in cash totals $64,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43140, London, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 5,740 (68.1%) |
| Renter Occupied HU | 2,056 (24.4%) |
| Vacant Housing Units | 633 ( 7.5%) |
| Median Home Value | $251,153 |
| Average Home Value | $294,249 |
Housing Distribution
Address Breakdown
Residential
8,196
Single Family
8,016
Multi-Family
180
Businesses
592
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