1971 Cherry Ridge RdThurmanOH45685
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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 Thurman at 1971 Cherry Ridge Rd, Thurman, OH, 45685 offers a 0% rental yield on a $279,000 purchase with $0/mo rent. 91% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45685, Thurman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 420 (59.0%) |
| Renter Occupied HU | 170 (23.9%) |
| Vacant Housing Units | 122 (17.1%) |
| Median Home Value | $171,491 |
| Average Home Value | $198,387 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
466
Multi-Family
40
Businesses
12
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