116 S Church StSouth CharlestonOH45368
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
Rental property for sale in South Charleston at 116 S Church St, South Charleston, OH, 45368 offers $2,727/mo rent that, after a $1,224/mo payment, leaves $1,082/mo cash flow. Total monthly income is $2,727/mo, and annual cash flow is $12,986/yr on $82,875 cash. Return on cash invested measures 35.58% in year one, and rental yield stands at 13.09% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 187.41% and total cumulative return in cash reaches $155,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,727/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1884
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45368, South Charleston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,503 (72.6%) |
| Renter Occupied HU | 445 (21.5%) |
| Vacant Housing Units | 122 ( 5.9%) |
| Median Home Value | $218,833 |
| Average Home Value | $283,576 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,440
Multi-Family
225
Businesses
78
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Listed by: Steven C Beaver • RE/MAX Revealty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225027255