241 Fairway DrMillersburgOH44654
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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 Millersburg at 241 Fairway Dr, Millersburg, OH, 44654 offers a 2.49% rental yield on a $549,500 purchase with $1,140/mo rent. 63% in year one. Equity gained on principal adds $3,546/yr while 5% annual appreciation supports $151,817 over five years. Portfolio math shows five-year ROI at 16.06% and total cumulative return in cash at $29,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $2,690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
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Listed by: Mary Ann Stumbo • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls ID: #5145236