1209 Eastman StZanesvilleOH43701
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 Zanesville at 1209 Eastman St, Zanesville, OH, 43701 priced at $124,900 converts $1,074/mo rent into $253/mo cash flow after a $611/mo obligation. Total monthly income equals $1,074/mo, and annual cash flow totals $3,033/yr on $41,404 invested. Return on cash invested prints 27.23% in year one, and rental yield reads 10.32% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 142.65% and total cumulative return in cash sums $59,062. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,074/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1901
3,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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Listed by: Anna M Foster • Leonard and Newland Real Estate Services
Mls Name: MLS Now
Mls ID: #5180349