122 W Bomford StRichwoodOH43344
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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 Richwood at 122 W Bomford St, Richwood, OH, 43344 listed at $239,900 pairs $1,910/mo rent with a $1,174/mo payment to leave $332/mo cash flow. Total monthly income runs $1,910/mo, and annual cash flow reaches $3,986/yr on $79,527 cash to close. Return on cash invested measures 24.92% in year one, and rental yield registers 9.55% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 130.29% and total cumulative return in cash totals $103,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,910/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43344, Richwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,460 (100%) |
| Owner Occupied HU | 1,849 (75.2%) |
| Renter Occupied HU | 463 (18.8%) |
| Vacant Housing Units | 148 ( 6.0%) |
| Median Home Value | $230,709 |
| Average Home Value | $273,829 |
Housing Distribution
Address Breakdown
Residential
2,224
Single Family
2,183
Multi-Family
41
Businesses
125
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Listed by: Elizabeth L Millisor • Generations Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016153
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.