1897 State Route 89 #JIZBVSJeromesvilleOH44840
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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 Jeromesville at 1897 State Route 89 #JIZBVS, Jeromesville, OH, 44840 generates $3,131/mo in rent and, after a $2,263/mo payment, leaves $90/mo in cash flow. Total monthly income is $3,131/mo, and annual cash flow is $1,077/yr on $153,252 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 8.13% on a $462,300 entry. Equity gained on principal adds $2,983/yr, while 5% annual appreciation builds toward $127,725 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash sums $164,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,131/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44840, Jeromesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 1,010 (80.3%) |
| Renter Occupied HU | 201 (16.0%) |
| Vacant Housing Units | 47 ( 3.7%) |
| Median Home Value | $230,201 |
| Average Home Value | $255,050 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,039
Multi-Family
0
Businesses
55
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Nearby investment properties with comparable prices
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