24 Cherry StGlousterOH45732
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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 Glouster at 24 Cherry St, Glouster, OH, 45732 listed at $193,000 pairs $1,086/mo rent with a $945/mo payment. Total monthly income runs $1,086/mo. Return on cash invested measures 16.46% in year one, and rental yield registers 6.75% at a $193,000 basis. Equity gained on principal adds $1,245/yr, and annual property appreciation at 5% supports $53,322 by year five. Five-year ROI tracks 84.92% and total cumulative return in cash totals $54,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,086/mo property income relative to a $945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45732, Glouster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,519 (63.9%) |
| Renter Occupied HU | 453 (19.1%) |
| Vacant Housing Units | 405 (17.0%) |
| Median Home Value | $121,755 |
| Average Home Value | $153,812 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,961
Multi-Family
0
Businesses
87
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