11875 Township Road 406 LOT 22ThornvilleOH43076
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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 Thornville at 11875 Township Road 406 LOT 22, Thornville, OH, 43076 generates $851/mo in rent, after a $538/mo payment. Total monthly income is $851/mo. Return on cash invested sits at 10.46% in year one, and rental yield is 9.28% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 57.69% and total cumulative return in cash sums $21,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $851/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43076, Thornville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,305 (100%) |
| Owner Occupied HU | 3,244 (75.4%) |
| Renter Occupied HU | 560 (13.0%) |
| Vacant Housing Units | 501 (11.6%) |
| Median Home Value | $348,080 |
| Average Home Value | $380,263 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,873
Multi-Family
0
Businesses
153
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Listed by: Katie Houghton • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225008982
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.