301 W Forrest StContinentalOH45831
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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 Continental at 301 W Forrest St, Continental, OH, 45831 offers a 8.02% rental yield on a $205,000 purchase with $1,370/mo rent. Total monthly income registers $1,370/mo, and a $1,003/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $263/yr on $67,958 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 105.43% and total cumulative return in cash at $71,646. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,370/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45831, Continental, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 1,046 (78.8%) |
| Renter Occupied HU | 159 (12.0%) |
| Vacant Housing Units | 122 ( 9.2%) |
| Median Home Value | $227,688 |
| Average Home Value | $235,614 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,020
Multi-Family
30
Businesses
52
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Listed by: Roberta Buzzard • Sluss Realty Company
Mls Name: WCAR OH
Mls ID: #307930