301 Washington StRepublicOH44867
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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
Rental property for sale in Republic at 301 Washington St, Republic, OH, 44867 generates $1,625/mo in rent and, after a $759/mo payment, leaves $605/mo in cash flow. Total monthly income is $1,625/mo, and annual cash flow is $7,261/yr on $51,383 invested. Return on cash invested sits at 34.04% in year one, and rental yield is 12.58% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 179.25% and total cumulative return in cash sums $92,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,625/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
8,158 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44867, Republic, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 895 (100%) |
| Owner Occupied HU | 722 (80.7%) |
| Renter Occupied HU | 112 (12.5%) |
| Vacant Housing Units | 61 ( 6.8%) |
| Median Home Value | $182,377 |
| Average Home Value | $218,778 |
Housing Distribution
Address Breakdown
Residential
683
Single Family
683
Multi-Family
0
Businesses
34
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