233 Draper 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 233 Draper St, Washington Court House, OH, 43160 priced at $184,900 converts $790/mo rent into after a $905/mo obligation. Total monthly income equals $790/mo. Return on cash invested prints 11.56% in year one, and rental yield reads 5.13% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 58.63% and total cumulative return in cash sums $35,935. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $790/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1900
9,583 sqft 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: Keli M Fisher • e-Merge Real Estate Results
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225032442