21467 State Route 751West LafayetteOH43845
Nearby investment properties with comparable rents
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 West Lafayette at 21467 State Route 751, West Lafayette, OH, 43845 offers a 10.49% rental yield on a $103,000 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $504/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,671/yr on $34,145 to close, and return on cash invested stands at 27.73% in year one. Equity gained on principal adds $665/yr while 5% annual appreciation supports $28,457 over five years. Portfolio math shows five-year ROI at 145.35% and total cumulative return in cash at $49,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43845, West Lafayette, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,011 (100%) |
| Owner Occupied HU | 1,486 (73.9%) |
| Renter Occupied HU | 401 (19.9%) |
| Vacant Housing Units | 124 ( 6.2%) |
| Median Home Value | $140,041 |
| Average Home Value | $188,334 |
Housing Distribution
Address Breakdown
Residential
1,996
Single Family
1,985
Multi-Family
11
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda S Weber • Leonard and Newland Real Estate Services
Mls Name: MLS Now
Mls ID: #5138987