214 Highland DrButlerOH44822
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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 Butler at 214 Highland Dr, Butler, OH, 44822 with 5% annual appreciation on a $245,000 basis while $1,987/mo rent supports operations. Total monthly income totals $1,987/mo and a $1,199/mo payment preserves $376/mo for cash returns. Annual cash flow comes to $4,507/yr on $81,218 deployed, and return on cash invested reaches 25.46% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 9.73%. Five-year ROI measures 133.14% and total cumulative return in cash totals $108,132.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,987/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44822, Butler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,114 (78.5%) |
| Renter Occupied HU | 193 (13.6%) |
| Vacant Housing Units | 112 ( 7.9%) |
| Median Home Value | $250,242 |
| Average Home Value | $305,628 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
37
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Listed by: Christin E Mullins • RealtyOhio Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225009755
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.