237 Independence DrChillicotheOH45601
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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 Chillicothe at 237 Independence Dr, Chillicothe, OH, 45601 listed at $109,490 pairs $1,978/mo rent with a $536/mo payment to leave $958/mo cash flow. Total monthly income runs $1,978/mo, and annual cash flow reaches $11,492/yr on $36,296 cash to close. Return on cash invested measures 51.57% in year one, and rental yield registers 21.68% at a $109,490 basis. Equity gained on principal adds $707/yr, and annual property appreciation at 5% supports $30,250 by year five. Five-year ROI tracks 276.78% and total cumulative return in cash totals $100,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,978/mo property income relative to a $536/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45601, Chillicothe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,375 (100%) |
| Owner Occupied HU | 14,645 (62.7%) |
| Renter Occupied HU | 7,048 (30.2%) |
| Vacant Housing Units | 1,682 ( 7.2%) |
| Median Home Value | $198,339 |
| Average Home Value | $228,272 |
Housing Distribution
Address Breakdown
Residential
22,769
Single Family
21,479
Multi-Family
1,290
Businesses
1,662
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Listed by: N/A • N/A
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