160 Commerce StLockbourneOH43137
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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 Lockbourne at 160 Commerce St, Lockbourne, OH, 43137 earns $329/mo cash flow from $1,184/mo rent with a $636/mo payment. Total monthly income totals $1,184/mo, and annual cash flow totals $3,952/yr on $43,062 capital. ROI tracks 29.09% on current figures, and rental yield reads 10.94% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 152.64% and total cumulative return in cash sums $65,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,184/mo property income instead of your personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43137, Lockbourne, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 648 (62.3%) |
| Renter Occupied HU | 236 (22.7%) |
| Vacant Housing Units | 156 (15.0%) |
| Median Home Value | $241,089 |
| Average Home Value | $344,475 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,131
Multi-Family
1
Businesses
110
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Listed by: Donald A Payne • Vision Realty, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #224025398