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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mount Gilead at 191 W High St, Mount Gilead, OH, 43338 priced at $299,000 converts $1,062/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,062/mo. Return on cash invested prints 8.96% in year one, and rental yield reads 4.26% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 44.65% and total cumulative return in cash sums $44,254. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1904
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| 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 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $299,000 |
| 2001-10-02 | Sold | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $2923.02 | 34.94% | $77,180 | 43.83% |
| 2022-04-03 | $2166.18 | 5.08% | $53,660 | N/A |
| 2021-04-03 | $2061.40 | -0.05% | $53,660 | N/A |
Listed by: Beth Dudley Stauffer • Sluss Realty Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010340
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.
