13504 Shell Beach Rd NEThornvilleOH43076
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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 13504 Shell Beach Rd NE, Thornville, OH, 43076 uses $62,985 cash to close to unlock $3,110/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,509/mo, and a $930/mo payment keeps the spread at $259/mo. Purchase price stands at $190,000, and rental yield measures 9.53% with $1,509/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 129.9% and total cumulative return in cash records $81,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,509/mo property income covering a $930/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
0.28 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: Jeffery Allen Roelle • RE/MAX Revealty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226000861