140 State Route 503ArcanumOH45304
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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 Arcanum at 140 State Route 503, Arcanum, OH, 45304 generates $1,703/mo in rent, after a $2,432/mo payment. Total monthly income is $1,703/mo. Return on cash invested sits at 8.5% in year one, and rental yield is 4.11% on a $496,900 entry. Equity gained on principal adds $3,206/yr, while 5% annual appreciation builds toward $137,284 over five years. Five-year ROI reaches 42.2% and total cumulative return in cash sums $69,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,703/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
8.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45304, Arcanum, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,327 (75.8%) |
| Renter Occupied HU | 559 (18.2%) |
| Vacant Housing Units | 183 ( 6.0%) |
| Median Home Value | $211,305 |
| Average Home Value | $276,843 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,986
Multi-Family
0
Businesses
129
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