2500 Orchard ParkZanesvilleOH43701
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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 Zanesville at 2500 Orchard Park, Zanesville, OH, 43701 priced at $199,900 converts $762/mo rent into after a $978/mo obligation. Total monthly income equals $762/mo. Return on cash invested prints 6.73% in year one, and rental yield reads 4.57% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 33.88% and total cumulative return in cash sums $22,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $762/mo property income covering a $978/mo payment, not borrower’s personal income.
Condo
Built in 2007
1,964 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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Listed by: Deborah A Davis Graham • Olde Town Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5114225
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