256 W 3rd StMarysvilleOH43040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marysville at 256 W 3rd St, Marysville, OH, 43040 uses $97,759 cash to close to unlock $5,527/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,443/mo payment keeps the spread at $461/mo. Purchase price stands at $294,900, and rental yield measures 9.77% with $2,400/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 133.68% and total cumulative return in cash records $130,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Single Family
Built in 1930
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43040, Marysville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,469 (100%) |
| Owner Occupied HU | 10,277 (66.4%) |
| Renter Occupied HU | 4,282 (27.7%) |
| Vacant Housing Units | 910 ( 5.9%) |
| Median Home Value | $293,666 |
| Average Home Value | $323,241 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
14,732
Multi-Family
512
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle E Madosky • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225041624