212 W Gay StSomersetOH43783
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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 Somerset at 212 W Gay St, Somerset, OH, 43783 at $175,000 posts ROI 23.79% with $187/mo cash flow from $1,339/mo rent. Total monthly income equals $1,339/mo, and annual cash flow records $2,249/yr on $58,013 to close. Return on cash invested measures 23.79% and rental yield reads 9.18% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 124.21% and total cumulative return in cash totals $72,055.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,339/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
3 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43783, Somerset, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,389 (73.2%) |
| Renter Occupied HU | 352 (18.6%) |
| Vacant Housing Units | 156 ( 8.2%) |
| Median Home Value | $227,105 |
| Average Home Value | $274,667 |
Housing Distribution
Address Breakdown
Residential
1,557
Single Family
1,510
Multi-Family
47
Businesses
86
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