220 Berschet DrSouth CharlestonOH45368
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
Rental property for sale in South Charleston at 220 Berschet Dr, South Charleston, OH, 45368 priced at $179,900 converts $1,532/mo rent into $348/mo cash flow after a $881/mo obligation. Total monthly income equals $1,532/mo, and annual cash flow totals $4,178/yr on $59,637 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 10.22% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 141.01% and total cumulative return in cash sums $84,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,532/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1997
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45368, South Charleston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,503 (72.6%) |
| Renter Occupied HU | 445 (21.5%) |
| Vacant Housing Units | 122 ( 5.9%) |
| Median Home Value | $218,833 |
| Average Home Value | $283,576 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,440
Multi-Family
225
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew A Schraibman • KW Classic Properties Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225029696