116 Bigelow DrJohnstownOH43031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Johnstown at 116 Bigelow Dr, Johnstown, OH, 43031 uses $162,361 cash to close to unlock $1,231/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $3,324/mo, and a $2,397/mo payment keeps the spread at $103/mo. Purchase price stands at $489,777, and rental yield measures 8.14% with $3,324/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $135,316 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash records $174,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,324/mo property income covering a $2,397/mo payment rather than investor’s personal income.
Single Family
Built in 2019
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Culbertson • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20240602
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.