300 Walnut StMount VernonOH43050
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 Mount Vernon at 300 Walnut St, Mount Vernon, OH, 43050 earns $517/mo cash flow from $1,846/mo rent with a $989/mo payment. Total monthly income totals $1,846/mo, and annual cash flow totals $6,204/yr on $66,963 capital. ROI tracks 29.17% on current figures, and rental yield reads 10.97% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 153.02% and total cumulative return in cash sums $102,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,846/mo property income instead of your personal income.
Single Family
Built in 1900
8,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aubrey Snow • Sluss Realty
Mls Name: MAR
Mls Provider:
Mls ID: #9067235
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.