24 S Limestone StJamestownOH45335
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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 Jamestown at 24 S Limestone St, Jamestown, OH, 45335 priced at $120,000 converts $964/mo rent into $175/mo cash flow after a $587/mo obligation. Total monthly income equals $964/mo, and annual cash flow totals $2,100/yr on $39,780 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 9.64% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 131.66% and total cumulative return in cash sums $52,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $964/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45335, Jamestown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,995 (100%) |
| Owner Occupied HU | 2,301 (76.8%) |
| Renter Occupied HU | 486 (16.2%) |
| Vacant Housing Units | 208 ( 6.9%) |
| Median Home Value | $256,250 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
2,746
Single Family
2,721
Multi-Family
25
Businesses
117
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