1036 State Route 247HillsboroOH45133
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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 Hillsboro at 1036 State Route 247, Hillsboro, OH, 45133 earns $262/mo cash flow from $1,674/mo rent with a $1,051/mo payment. Total monthly income totals $1,674/mo, and annual cash flow totals $3,139/yr on $71,173 capital. ROI tracks 24.32% on current figures, and rental yield reads 9.36% at a $214,700 purchase. Equity gained on principal adds $1,385/yr, and 5% annual appreciation supports $59,318 over five years. Five-year ROI reaches 127.03% and total cumulative return in cash sums $90,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,674/mo property income instead of your personal income.
Single Family
Built in 1947
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45133, Hillsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,817 (100%) |
| Owner Occupied HU | 6,987 (64.6%) |
| Renter Occupied HU | 2,614 (24.2%) |
| Vacant Housing Units | 1,216 (11.2%) |
| Median Home Value | $205,527 |
| Average Home Value | $248,026 |
Housing Distribution
Address Breakdown
Residential
10,308
Single Family
10,189
Multi-Family
119
Businesses
763
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Listed by: Angela M Williams-Gebhardt • Heart State Realty LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021282
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.