1413 E Mulberry StLancasterOH43130
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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 Lancaster at 1413 E Mulberry St, Lancaster, OH, 43130 earns $167/mo cash flow from $979/mo rent with a $604/mo payment. Total monthly income totals $979/mo, and annual cash flow totals $2,005/yr on $40,940 capital. ROI tracks 24.81% on current figures, and rental yield reads 9.51% at a $123,500 purchase. Equity gained on principal adds $797/yr, and 5% annual appreciation supports $34,121 over five years. Five-year ROI reaches 129.71% and total cumulative return in cash sums $53,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $979/mo property income instead of your personal income.
Single Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43130, Lancaster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,232 (100%) |
| Owner Occupied HU | 17,412 (63.9%) |
| Renter Occupied HU | 8,241 (30.3%) |
| Vacant Housing Units | 1,579 ( 5.8%) |
| Median Home Value | $254,495 |
| Average Home Value | $301,928 |
Housing Distribution
Address Breakdown
Residential
26,133
Single Family
24,337
Multi-Family
1,796
Businesses
2,033
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