19 Highland DrMount VernonOH43050
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Nearby investment properties with comparable prices
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 Vernon at 19 Highland Dr, Mount Vernon, OH, 43050 priced at $324,900 pairs $2,569/mo rent with $432/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,569/mo, and annual cash flow comes to $5,185/yr on $107,704 invested. Return on cash invested is 24.72% in year one, and rental yield stands at 9.49% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 129.2% and total cumulative return in cash reaches $139,157. For financing, Ziffy Mortgage’s DSCR program evaluates $2,569/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Nearby investment properties with comparable prices
Listed by: Sherry L Looney • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5078034
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