124 S Main StKingstonOH45644
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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
Rental property for sale in Kingston at 124 S Main St, Kingston, OH, 45644 priced at $240,000 converts $1,423/mo rent into after a $1,175/mo obligation. Total monthly income equals $1,423/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 7.12% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 90.73% and total cumulative return in cash sums $72,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,423/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45644, Kingston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,408 (68.3%) |
| Renter Occupied HU | 336 (16.3%) |
| Vacant Housing Units | 318 (15.4%) |
| Median Home Value | $232,398 |
| Average Home Value | $257,852 |
Housing Distribution
Address Breakdown
Residential
1,412
Single Family
1,412
Multi-Family
0
Businesses
54
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