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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mount Gilead at 120 E High St, Mount Gilead, OH, 43338 priced at $185,000 converts $1,062/mo rent into after a $905/mo obligation. Total monthly income equals $1,062/mo. Return on cash invested prints 16.89% in year one, and rental yield reads 6.89% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 87.18% and total cumulative return in cash sums $53,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DEBBIE K DAILEY • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225025030
