209 E Brooklyn StGambierOH43022
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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 Gambier at 209 E Brooklyn St, Gambier, OH, 43022 uses $149,175 cash to close to unlock $4,938/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $3,372/mo, and a $2,203/mo payment keeps the spread at $412/mo. Purchase price stands at $450,000, and rental yield measures 8.99% with $3,372/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 121.11% and total cumulative return in cash records $180,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,372/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43022, Gambier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,099 (100%) |
| Owner Occupied HU | 711 (64.7%) |
| Renter Occupied HU | 262 (23.8%) |
| Vacant Housing Units | 126 (11.5%) |
| Median Home Value | $306,216 |
| Average Home Value | $363,495 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
328
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Listed by: Elizabeth Bonaudi • e-Merge Real Estate Champions
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015076
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.