220 E Marion StBig PrairieOH44611
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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 Big Prairie at 220 E Marion St, Big Prairie, OH, 44611 listed at $200,000 pairs $960/mo rent with a $979/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 13.47% in year one, and rental yield registers 5.76% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 68.88% and total cumulative return in cash totals $45,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44611, Big Prairie, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 581 (72.5%) |
| Renter Occupied HU | 135 (16.9%) |
| Vacant Housing Units | 85 (10.6%) |
| Median Home Value | $247,989 |
| Average Home Value | $346,179 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
23
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Listed by: Shannon Hill • RE/MAX Showcase Ashland
Mls Name: MAR
Mls Provider:
Mls ID: #9066393
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.