10281 State Route 107MontpelierOH43543
Nearby investment properties with comparable rents
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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 Montpelier at 10281 State Route 107, Montpelier, OH, 43543 uses $106,080 cash to close to unlock $2,776/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $2,336/mo, and a $1,566/mo payment keeps the spread at $231/mo. Purchase price stands at $320,000, and rental yield measures 8.76% with $2,336/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 117.41% and total cumulative return in cash records $124,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,336/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Jessee Michael Spillman • Coldwell Banker Classic Proper
Mls Name: NORIS
Mls ID: #6133126