214 State Route 58SullivanOH44880
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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
Rental property for sale in Sullivan at 214 State Route 58, Sullivan, OH, 44880 generates $892/mo in rent and, after a $562/mo payment, leaves $137/mo in cash flow. Total monthly income is $892/mo, and annual cash flow is $1,639/yr on $38,089 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.32% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 126.5% and total cumulative return in cash sums $48,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $892/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44880, Sullivan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 931 (83.8%) |
| Renter Occupied HU | 102 ( 9.2%) |
| Vacant Housing Units | 78 ( 7.0%) |
| Median Home Value | $246,935 |
| Average Home Value | $269,592 |
Housing Distribution
Address Breakdown
Residential
1,116
Single Family
1,116
Multi-Family
0
Businesses
18
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