1260 State Route 38 NEWashington Court HouseOH43160
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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 Washington Court House at 1260 State Route 38 NE, Washington Court House, OH, 43160 uses $46,377 cash to close to unlock $15,570/yr annual cash flow and $1,298/mo monthly cash flow. Total monthly income runs $2,218/mo, and a $685/mo payment keeps the spread at $1,298/mo. Purchase price stands at $139,900, and rental yield measures 19.03% with $2,218/mo rent. Return on cash invested shows 53.48% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 283.44% and total cumulative return in cash records $131,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,218/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1939
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43160, Washington Court House, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,889 (100%) |
| Owner Occupied HU | 5,586 (56.5%) |
| Renter Occupied HU | 3,570 (36.1%) |
| Vacant Housing Units | 733 ( 7.4%) |
| Median Home Value | $171,036 |
| Average Home Value | $216,895 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,203
Multi-Family
379
Businesses
804
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Listed by: Brian Breeckner • Beckett Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224029055
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.