225 3rd StKirkersvilleOH43033
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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 Kirkersville at 225 3rd St, Kirkersville, OH, 43033 uses $99,417 cash to close to unlock $1,454/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,468/mo payment keeps the spread at $121/mo. Purchase price stands at $299,900, and rental yield measures 8.38% with $2,094/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash records $110,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43033, Kirkersville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 114 (100%) |
| Owner Occupied HU | 88 (77.2%) |
| Renter Occupied HU | 13 (11.4%) |
| Vacant Housing Units | 13 (11.4%) |
| Median Home Value | $275,000 |
| Average Home Value | $328,068 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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Listed by: Karolina Cvetkovska • USA-1 Real Estate Corp.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000978
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.