22 Church StMechanicsburgOH43044
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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 Mechanicsburg at 22 Church St, Mechanicsburg, OH, 43044 priced at $250,000 converts $1,844/mo rent into $199/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,844/mo, and annual cash flow totals $2,390/yr on $82,875 invested. Return on cash invested prints 22.79% in year one, and rental yield reads 8.85% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 118.86% and total cumulative return in cash sums $98,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,844/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1946
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43044, Mechanicsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,194 (100%) |
| Owner Occupied HU | 1,660 (75.7%) |
| Renter Occupied HU | 411 (18.7%) |
| Vacant Housing Units | 123 ( 5.6%) |
| Median Home Value | $225,063 |
| Average Home Value | $253,393 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,003
Multi-Family
55
Businesses
78
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Listed by: V. Patrick Hamilton • RE/MAX Alliance Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1041076
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