240 Coates Ct #27North LewisburgOH43060
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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 North Lewisburg at 240 Coates Ct #27, North Lewisburg, OH, 43060 offers a 5.37% rental yield on a $295,000 purchase with $1,319/mo rent. 44% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 53.27% and total cumulative return in cash at $52,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,319/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2017
3,049 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Listed by: Theresa A Scheiderer • Key Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225035123
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