1588 Bethlehem Rd WProspectOH43342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Prospect at 1588 Bethlehem Rd W, Prospect, OH, 43342 offers a 5.06% rental yield on a $299,000 purchase with $1,260/mo rent. 36% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 57.5% and total cumulative return in cash at $56,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43342, Prospect, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,040 (78.1%) |
| Renter Occupied HU | 194 (14.6%) |
| Vacant Housing Units | 97 ( 7.3%) |
| Median Home Value | $262,963 |
| Average Home Value | $321,389 |
Housing Distribution
Address Breakdown
Residential
1,344
Single Family
1,344
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Massey • Generations Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225033280
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.