304 Braddock StMount VernonOH43050
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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 Mount Vernon at 304 Braddock St, Mount Vernon, OH, 43050 priced at $250,000 pairs $1,972/mo rent with $327/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,972/mo, and annual cash flow comes to $3,926/yr on $82,875 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 9.47% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 128.79% and total cumulative return in cash reaches $106,738. For financing, Ziffy Mortgage’s DSCR program evaluates $1,972/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
6,865 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
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Listed by: Elizabeth Bonaudi • e-Merge Real Estate Champions
Mls Name: KCBR
Mls ID: #20250606