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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mount Gilead at 115 N Main St, Mount Gilead, OH, 43338 offers a 4.13% rental yield on a $279,700 purchase with $962/mo rent. 55% in year one. Equity gained on principal adds $1,805/yr while 5% annual appreciation supports $77,276 over five years. Portfolio math shows five-year ROI at 42.49% and total cumulative return in cash at $39,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $962/mo property income against a $1,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $279,700 |
| 2020-01-29 | Sold | $80,000 |
| 2019-12-20 | Price change | $92,998 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | $2626.88 | 31.71% | $50,300 | 45.29% |
| 2022-04-10 | $1994.46 | -0.40% | $34,620 | -3.03% |
| 2021-04-10 | $2002.48 | 21.44% | $35,700 | N/A |
Listed by: Carol Lessick • Century 21 Excellence Realty
Mls Name: KCBR
Mls ID: #20250194
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.
