101 Shady LnSomersetOH43783
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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 Somerset at 101 Shady Ln, Somerset, OH, 43783 generates $2,170/mo in rent and, after a $1,126/mo payment, leaves $628/mo in cash flow. Total monthly income is $2,170/mo, and annual cash flow is $7,537/yr on $76,245 invested. Return on cash invested sits at 29.79% in year one, and rental yield is 11.32% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 156.59% and total cumulative return in cash sums $119,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43783, Somerset, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,389 (73.2%) |
| Renter Occupied HU | 352 (18.6%) |
| Vacant Housing Units | 156 ( 8.2%) |
| Median Home Value | $227,105 |
| Average Home Value | $274,667 |
Housing Distribution
Address Breakdown
Residential
1,557
Single Family
1,510
Multi-Family
47
Businesses
86
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Listed by: Leonard Ray Conrad • ERA Martin & Associates
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225036811
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.