194 W Marion StMount GileadOH43338
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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 Mount Gilead at 194 W Marion St, Mount Gilead, OH, 43338 with 5% annual appreciation on a $153,000 basis while $1,062/mo rent supports operations. Total monthly income totals $1,062/mo and a $749/mo payment preserves $50/mo for cash returns. Annual cash flow comes to $598/yr on $50,720 deployed, and return on cash invested reaches 21.09% in year one. Equity gained on principal adds $987/yr, and five-year appreciation sums $42,271 alongside rental yield of 8.33%. Five-year ROI measures 109.73% and total cumulative return in cash totals $55,656.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,062/mo property income versus a $749/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
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Listed by: Roberta Buzzard • Sluss Realty Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224027388
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.