12 Rustic DrMillersburgOH44654
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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 Millersburg at 12 Rustic Dr, Millersburg, OH, 44654 priced at $255,000 converts $1,140/mo rent into after a $1,248/mo obligation. Total monthly income equals $1,140/mo. Return on cash invested prints 12.28% in year one, and rental yield reads 5.36% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 62.46% and total cumulative return in cash sums $52,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1986
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
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Listed by: Diane Reynolds • Howard Hanna
Mls Name: MLS Now
Mls ID: #5085663