11 E Main StSpartaOH43350
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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 Sparta at 11 E Main St, Sparta, OH, 43350 earns $151/mo cash flow from $1,796/mo rent with a $1,224/mo payment. Total monthly income totals $1,796/mo, and annual cash flow totals $1,814/yr on $82,875 capital. ROI tracks 22.1% on current figures, and rental yield reads 8.62% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 115.14% and total cumulative return in cash sums $95,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,796/mo property income instead of your personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43350, Sparta, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34 (100%) |
| Owner Occupied HU | 22 (64.7%) |
| Renter Occupied HU | 4 (11.8%) |
| Vacant Housing Units | 8 (23.5%) |
| Median Home Value | $250,000 |
| Average Home Value | $308,523 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: Aaron T Singerman • Real of Ohio
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021608
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.