238 High St SWCarrolltonOH44615
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
Investment Highlights
Rental property for sale in Carrollton at 238 High St SW, Carrollton, OH, 44615 offers $1,019/mo rent that, after a $925/mo payment. Total monthly income is $1,019/mo. Return on cash invested measures 15.62% in year one, and rental yield stands at 6.47% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 80.34% and total cumulative return in cash reaches $50,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,019/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44615, Carrollton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,294 (100%) |
| Owner Occupied HU | 3,271 (61.8%) |
| Renter Occupied HU | 1,064 (20.1%) |
| Vacant Housing Units | 959 (18.1%) |
| Median Home Value | $194,886 |
| Average Home Value | $223,729 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
4,505
Multi-Family
43
Businesses
425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Mendoza Larios • Infinity Representatives LLC
Mls Name: MLS Now
Mls ID: #5147075