231 W Elm StWashington Court HouseOH43160
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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 Washington Court House at 231 W Elm St, Washington Court House, OH, 43160 priced at $155,000 pairs $790/mo rent with after a $759/mo payment. Total monthly income equals $790/mo. Return on cash invested is 14.54% in year one, and rental yield stands at 6.12% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 74.67% and total cumulative return in cash reaches $38,368. For financing, Ziffy Mortgage’s DSCR program evaluates $790/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43160, Washington Court House, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,889 (100%) |
| Owner Occupied HU | 5,586 (56.5%) |
| Renter Occupied HU | 3,570 (36.1%) |
| Vacant Housing Units | 733 ( 7.4%) |
| Median Home Value | $171,036 |
| Average Home Value | $216,895 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,203
Multi-Family
379
Businesses
804
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Listed by: Jennifer E Snow-Marshall • Heart State Realty LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225034611