12170 Fairview Rd SEThornvilleOH43076
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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
Investment property for sale in Thornville at 12170 Fairview Rd SE, Thornville, OH, 43076 uses $66,300 cash to close to unlock $6,892/yr annual cash flow and $574/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $979/mo payment keeps the spread at $574/mo. Purchase price stands at $200,000, and rental yield measures 11.34% with $1,890/mo rent. Return on cash invested shows 30.3% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 159.14% and total cumulative return in cash records $105,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1974
2 Acres lot
$N/A/sqft
No 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: Tammi L Trout • Century 21 Frank Frye
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021718
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