238 Hartshorn DrVandaliaOH45377
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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 Vandalia at 238 Hartshorn Dr, Vandalia, OH, 45377 priced at $199,900 pairs $1,967/mo rent with $653/mo cash flow after a $978/mo payment. Total monthly income equals $1,967/mo, and annual cash flow comes to $7,830/yr on $66,267 invested. Return on cash invested is 31.72% in year one, and rental yield stands at 11.81% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 166.74% and total cumulative return in cash reaches $110,497. For financing, Ziffy Mortgage’s DSCR program evaluates $1,967/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45377, Vandalia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,279 (62.2%) |
| Renter Occupied HU | 2,275 (33.0%) |
| Vacant Housing Units | 330 ( 4.8%) |
| Median Home Value | $225,533 |
| Average Home Value | $250,948 |
Housing Distribution
Address Breakdown
Residential
6,737
Single Family
5,938
Multi-Family
799
Businesses
686
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