118 Pine LnBarnesvilleOH43713
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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
Rental property for sale in Barnesville at 118 Pine Ln, Barnesville, OH, 43713 priced at $239,999 converts $1,920/mo rent into $341/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $4,092/yr on $79,560 invested. Return on cash invested prints 25.05% in year one, and rental yield reads 9.6% against a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,307 by year five. Five-year ROI reaches 130.92% and total cumulative return in cash sums $104,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43713, Barnesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,356 (100%) |
| Owner Occupied HU | 2,206 (65.7%) |
| Renter Occupied HU | 743 (22.1%) |
| Vacant Housing Units | 407 (12.1%) |
| Median Home Value | $195,313 |
| Average Home Value | $226,788 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
2,974
Multi-Family
193
Businesses
264
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Listed by: Ed Eberhart • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5162570