211 S Luther StRisingsunOH43457
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Nearby investment properties with comparable prices
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 Risingsun at 211 S Luther St, Risingsun, OH, 43457 offers a 9.45% rental yield on a $170,000 purchase with $1,339/mo rent. Total monthly income registers $1,339/mo, and a $832/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,650/yr on $56,355 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 128.59% and total cumulative return in cash at $72,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,339/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,651 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43457, Risingsun, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 498 (75.9%) |
| Renter Occupied HU | 108 (16.5%) |
| Vacant Housing Units | 50 ( 7.6%) |
| Median Home Value | $169,048 |
| Average Home Value | $231,220 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
15
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Listed by: Hannah Renee Rose • Meridian Real Estate Services
Mls Name: NORIS
Mls ID: #6127550
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. 2025 NORIS. All rights reserved.