3-108 Minarette Dr, Mount Gilead, OH, 43338 | 3.54% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3-108 Minarette Dr, Mount Gilead, OH, 43338 | 3.54% Rental Yield | 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

Rental property for sale in Mount Gilead at 3-108 Minarette Dr, Mount Gilead, OH, 43338 priced at $359,990 converts $1,062/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,062/mo. Return on cash invested prints 6.78% in year one, and rental yield reads 3.54% against a $359,990 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,459 by year five. Five-year ROI reaches 32.97% and total cumulative return in cash sums $39,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $1,762/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover your dream home in the Central Ohio Collection, beautiful new homes for sale in Knox County and Morrow County, Ohio. Our new-construction homes are situated in two picturesque recreational lake communities, Apple Valley and Candlewood Lake, and offer up to 5 beds, 3 baths, and 2,737 sq. ft. Our designer-curated Looks offer a beautiful and cohesive interior in your new home. Crafted with exceptional quality and attention to detail, each of our new homes in the greater Columbus area are offered in one of our new interior design Looks: Farmhouse, Loft, Classic, or Elements, ensuring cohesive, designer-curated finishes for a stylish and comfortable living space tailored to your preferences. With new homes for sale in Knox and Morrow counties, this is the perfect opportunity to make living in the home of your dreams a reality. Offered By: K. Hovnanian Central Ohio, LLC The Goldenrod offers: Glorious kitchen with Elkins White cabinets & floating shelves. Sprawling island with Meridian Gray quartz countertops & pendant lighting. Lovely dining area with access to covered deck. Impressive great room featuring vaulted ceiling. Magical primary suited with spacious walk-in closet. Beautiful primary bath with matte black hardware. Attached 2-car garage .

Neighborhood Data

Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,597 (100%)
Owner Occupied HU	3,210 (69.8%)
Renter Occupied HU	885 (19.3%)
Vacant Housing Units	502 (10.9%)
Median Home Value	$222,399
Average Home Value	$249,426