204 Harnwell StMount VernonOH43050
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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 Vernon at 204 Harnwell St, Mount Vernon, OH, 43050 uses $60,002 cash to close to unlock $2,308/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,383/mo, and a $886/mo payment keeps the spread at $192/mo. Purchase price stands at $181,000, and rental yield measures 9.17% with $1,383/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash records $74,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,383/mo property income covering a $886/mo payment rather than investor’s personal income.
Single Family
Built in 1946
1,742 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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Listed by: Bill Davis • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20250826