309 N Grant StChristiansburgOH45389
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
Rental property for sale in Christiansburg at 309 N Grant St, Christiansburg, OH, 45389 offers $1,932/mo rent that, after a $1,419/mo payment, leaves $25/mo cash flow. Total monthly income is $1,932/mo, and annual cash flow is $300/yr on $96,102 cash. Return on cash invested measures 20.22% in year one, and rental yield stands at 8% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 105.02% and total cumulative return in cash reaches $100,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,932/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45389, Christiansburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 231 (100%) |
| Owner Occupied HU | 182 (78.8%) |
| Renter Occupied HU | 18 ( 7.8%) |
| Vacant Housing Units | 31 (13.4%) |
| Median Home Value | $210,000 |
| Average Home Value | $222,418 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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Listed by: Joan Elflein • Ohio Broker Direct
Mls Name: DABR MLS
Mls ID: #949544