140 Craig DrThornvilleOH43076
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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 Thornville at 140 Craig Dr, Thornville, OH, 43076 priced at $329,900 converts $1,971/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,971/mo. Return on cash invested prints 16.94% in year one, and rental yield reads 7.17% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 87.73% and total cumulative return in cash sums $95,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,971/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.36 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: Tracey L Dixon • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014291
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.