Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Salem at 1147 Laurel Dr, West Salem, OH, 44287 priced at $269,000 pairs $1,079/mo rent with after a $1,317/mo payment. Total monthly income equals $1,079/mo. Return on cash invested is 8.77% in year one, and rental yield stands at 4.81% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 44.33% and total cumulative return in cash reaches $39,527. For financing, Ziffy Mortgage’s DSCR program evaluates $1,079/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.49 Acres lot
$N/A/sqft
$137 monthly HOA
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Listed for sale | $269,000 |
| 2024-05-15 | Sold | $255,000 |
| 2024-04-27 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-21 | $2078.82 | 26.01% | $55,810 | 45.00% |
| 2022-11-21 | $1649.78 | 7.04% | $38,490 | N/A |
| 2021-11-21 | $1541.24 | N/A | $38,490 | N/A |
Listed by: Cindy A McCory • RE/MAX Showcase
Mls Name: MLS Now
Mls Provider:
Mls ID: #5086143
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
