105 N Main StMechanicsburgOH43044
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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 Mechanicsburg at 105 N Main St, Mechanicsburg, OH, 43044 priced at $169,000 converts $1,678/mo rent into $567/mo cash flow after a $827/mo obligation. Total monthly income equals $1,678/mo, and annual cash flow totals $6,798/yr on $56,024 invested. Return on cash invested prints 32.04% in year one, and rental yield reads 11.91% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 168.48% and total cumulative return in cash sums $94,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,678/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,639 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43044, Mechanicsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,194 (100%) |
| Owner Occupied HU | 1,660 (75.7%) |
| Renter Occupied HU | 411 (18.7%) |
| Vacant Housing Units | 123 ( 5.6%) |
| Median Home Value | $225,063 |
| Average Home Value | $253,393 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,003
Multi-Family
55
Businesses
78
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Listed by: V Patrick Hamilton • RE/MAX Alliance Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #942055
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.