2680 State Route 61MarengoOH43334
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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 Marengo at 2680 State Route 61, Marengo, OH, 43334 earns from $3,693/mo rent with a $5,139/mo payment. Total monthly income totals $3,693/mo. ROI tracks 9.03% on current figures, and rental yield reads 4.22% at a $1,050,000 purchase. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 over five years. Five-year ROI reaches 44.95% and total cumulative return in cash sums $152,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,693/mo property income instead of your personal income.
Single Family
Built in N/A
55.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43334, Marengo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 2,087 (79.2%) |
| Renter Occupied HU | 395 (15.0%) |
| Vacant Housing Units | 153 ( 5.8%) |
| Median Home Value | $283,078 |
| Average Home Value | $304,647 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
134
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Listed by: J. Matthew Sheterom • RE/MAX Affiliates, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.