145 Lumbee LnMontpelierOH43543
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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 Montpelier at 145 Lumbee Ln, Montpelier, OH, 43543 generates $3,419/mo in rent and, after a $2,202/mo payment, leaves $460/mo in cash flow. Total monthly income is $3,419/mo, and annual cash flow is $5,516/yr on $149,142 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.12% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $183,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,419/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Keith M. Degnan • Key Realty
Mls Name: NORIS
Mls ID: #10001497