114 E Walnut StBotkinsOH45306
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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 Botkins at 114 E Walnut St, Botkins, OH, 45306 listed at $310,000 pairs $1,498/mo rent with a $1,517/mo payment. Total monthly income runs $1,498/mo. Return on cash invested measures 13.59% in year one, and rental yield registers 5.8% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 69.52% and total cumulative return in cash totals $71,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,498/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45306, Botkins, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 770 (77.4%) |
| Renter Occupied HU | 182 (18.3%) |
| Vacant Housing Units | 43 ( 4.3%) |
| Median Home Value | $250,000 |
| Average Home Value | $275,286 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
81
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