201 N Main StGrover HillOH45849
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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 Grover Hill at 201 N Main St, Grover Hill, OH, 45849 offers a 10.67% rental yield on a $149,000 purchase with $1,325/mo rent. Total monthly income registers $1,325/mo, and a $729/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,142/yr on $49,394 to close, and return on cash invested stands at 28.3% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 148.38% and total cumulative return in cash at $73,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,325/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45849, Grover Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 477 (100%) |
| Owner Occupied HU | 372 (78.0%) |
| Renter Occupied HU | 52 (10.9%) |
| Vacant Housing Units | 53 (11.1%) |
| Median Home Value | $158,333 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
20
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Listed by: Rita J Bowling • Kyzer Realty, LLC
Mls Name: NORIS
Mls ID: #6135005