23058 Township Road 185ForestOH45843
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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 Forest at 23058 Township Road 185, Forest, OH, 45843 offers a 5.58% rental yield on a $450,000 purchase with $2,093/mo rent. 93% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 65.94% and total cumulative return in cash at $98,370. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,093/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
3.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45843, Forest, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 1,152 (76.2%) |
| Renter Occupied HU | 243 (16.1%) |
| Vacant Housing Units | 117 ( 7.7%) |
| Median Home Value | $184,740 |
| Average Home Value | $223,188 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,501
Multi-Family
0
Businesses
54
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