1621 State StZanesvilleOH43701
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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 Zanesville at 1621 State St, Zanesville, OH, 43701 uses $48,067 cash to close to unlock $5,111/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $1,380/mo, and a $710/mo payment keeps the spread at $426/mo. Purchase price stands at $144,999, and rental yield measures 11.42% with $1,380/mo rent. Return on cash invested shows 30.54% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 160.37% and total cumulative return in cash records $77,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1888
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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Listed by: Jessy Moore • J. Moore Realty Group, LLC.
Mls Name: MLS Now
Mls ID: #5143081