111 Edwards RdJohnstownOH43031
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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 Johnstown at 111 Edwards Rd, Johnstown, OH, 43031 offers $2,485/mo rent that, after a $2,114/mo payment. Total monthly income is $2,485/mo. Return on cash invested measures 16.92% in year one, and rental yield stands at 6.9% at a $432,000 entry. Equity gained on principal adds $2,788/yr while 5% annual appreciation compounds into $119,354 by year five. Five-year ROI records 87.34% and total cumulative return in cash reaches $125,083. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,485/mo property income versus a $2,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43031, Johnstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,160 (76.8%) |
| Renter Occupied HU | 1,143 (21.1%) |
| Vacant Housing Units | 115 ( 2.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $439,511 |
Housing Distribution
Address Breakdown
Residential
5,444
Single Family
5,384
Multi-Family
60
Businesses
336
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