12343 Shipley RdJohnstownOH43031
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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 Johnstown at 12343 Shipley Rd, Johnstown, OH, 43031 offers a 5.26% rental yield on a $849,000 purchase with $3,720/mo rent. 05% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 61.18% and total cumulative return in cash at $170,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43031, Johnstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,160 (76.8%) |
| Renter Occupied HU | 1,143 (21.1%) |
| Vacant Housing Units | 115 ( 2.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $439,511 |
Housing Distribution
Address Breakdown
Residential
5,444
Single Family
5,384
Multi-Family
60
Businesses
336
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Listed by: Kathleen E Twining • KW Classic Properties Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225020093
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.