233 W Main StMount SterlingOH43143
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 233 W Main St, Mount Sterling, OH, 43143 in Mount Sterling worth modelling. At $189,900 with a 8.89% gross yield, the $1,406/mo rent leaves $157/mo after the $854/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.65 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $52,466 by year five; $1,749/yr in principal reduction adds further equity. Total projected return: $82,446.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $157 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,406 |
| Total Monthly Debt Service | $1,174 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1929
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43143, Mount Sterling, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,742 (69.4%) |
| Renter Occupied HU | 617 (24.6%) |
| Vacant Housing Units | 150 ( 6.0%) |
| Median Home Value | $243,939 |
| Average Home Value | $283,344 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,406
Multi-Family
40
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1929
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43143, Mount Sterling, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,742 (69.4%) |
| Renter Occupied HU | 617 (24.6%) |
| Vacant Housing Units | 150 ( 6.0%) |
| Median Home Value | $243,939 |
| Average Home Value | $283,344 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,406
Multi-Family
40
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John C Barnes • Buckeye Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225035125
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.