109 W College StScioOH43988
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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 Scio at 109 W College St, Scio, OH, 43988 listed at $140,000 pairs $820/mo rent with a $685/mo payment. Total monthly income runs $820/mo. Return on cash invested measures 17.31% in year one, and rental yield registers 7.03% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 89.46% and total cumulative return in cash totals $41,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $820/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
5,545 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43988, Scio, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,211 (100%) |
| Owner Occupied HU | 706 (58.3%) |
| Renter Occupied HU | 197 (16.3%) |
| Vacant Housing Units | 308 (25.4%) |
| Median Home Value | $189,375 |
| Average Home Value | $259,653 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
993
Multi-Family
44
Businesses
52
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