28191 State Route 58, Sullivan, OH, 44880 | $1,075/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28191 State Route 58, Sullivan, OH, 44880 | $1,075/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sullivan at 28191 State Route 58, Sullivan, OH, 44880 offers a 10.61% rental yield on a $475,000 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $2,325/mo payment leaves $1,075/mo available for distribution. Annual cash flow reaches $12,905/yr on $157,463 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 147.32% and total cumulative return in cash at $231,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1994

7.05 Acres lot

$N/A/sqft

No HOA

More details about the property

Country Living at Its Finest. Welcome to your private country oasis! Nestled on 7 scenic acres, this beautiful home offers the perfect blend of comfort and functionality. With 3 spacious bedrooms, 2.5 bathrooms, and a partially finished basement, theres room for everyone. Enjoy the convenience of a first-floor primary suite and laundryideal for those seeking one-level living. The open-concept eat-in kitchen flows seamlessly into the cozy family room, creating a great space for everyday living and entertaining. A separate living room and finished recreation room provide additional gathering areas, while a bonus room in the basement offers flexibility for a home office, craft space, or more. Step outside from the dining area onto a lovely deck that leads to an above-ground poolperfect for relaxing on warm days. Upstairs, youll find two additional bedrooms and a full bathroom. This home features a forced air furnace, with a wood burner option for added warmth and ambiance. Car enthusiasts or hobbyists will appreciate the heated 48' x 40' outbuilding, complete with a kitchenette, covered patio, and 220-volt service. Whether you're raising animals or restoring vehicles, this space is ready for your vision. Dont miss the chance to enjoy peaceful, spacious country living just minutes from town.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44880, Sullivan, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,111 (100%)
Owner Occupied HU	931 (83.8%)
Renter Occupied HU	102 ( 9.2%)
Vacant Housing Units	78 ( 7.0%)
Median Home Value	$246,935
Average Home Value	$269,592