1841 E State Route 296UrbanaOH43078
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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 Urbana at 1841 E State Route 296, Urbana, OH, 43078 listed at $385,000 pairs $1,531/mo rent with a $1,884/mo payment. Total monthly income runs $1,531/mo. Return on cash invested measures 10.5% in year one, and rental yield registers 4.77% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 52.87% and total cumulative return in cash totals $67,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,531/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43078, Urbana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 6,238 (66.0%) |
| Renter Occupied HU | 2,505 (26.5%) |
| Vacant Housing Units | 713 ( 7.5%) |
| Median Home Value | $200,871 |
| Average Home Value | $247,874 |
Housing Distribution
Address Breakdown
Residential
8,838
Single Family
8,342
Multi-Family
496
Businesses
679
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Listed by: Malia K. Hughes • Key Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1037077
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