17446 Divelbiss RdFredericktownOH43019
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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 Fredericktown at 17446 Divelbiss Rd, Fredericktown, OH, 43019 uses $59,670 cash to close to unlock $15,275/yr annual cash flow and $1,273/mo monthly cash flow. Total monthly income runs $2,461/mo, and a $881/mo payment keeps the spread at $1,273/mo. Purchase price stands at $180,000, and rental yield measures 16.41% with $2,461/mo rent. Return on cash invested shows 45.51% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 240.65% and total cumulative return in cash records $143,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,461/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43019, Fredericktown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,814 (100%) |
| Owner Occupied HU | 2,925 (76.7%) |
| Renter Occupied HU | 642 (16.8%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $225,046 |
| Average Home Value | $255,169 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
3,590
Multi-Family
88
Businesses
160
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Listed by: Sam Miller • Re/Max Stars
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225025322
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.