173 Richard Dr #2Mount GileadOH43338
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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 Mount Gilead at 173 Richard Dr #2, Mount Gilead, OH, 43338 priced at $374,990 converts $1,062/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,062/mo. Return on cash invested prints 3.95% in year one, and rental yield reads 3.4% against a $374,990 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,603 by year five. Five-year ROI reaches 18.64% and total cumulative return in cash sums $23,172. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
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Listed by: Caitlyn Mulroy • Redfin Corporation
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225012471
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.