3173 Putnam RdClarksburgOH43115
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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 Clarksburg at 3173 Putnam Rd, Clarksburg, OH, 43115 uses $65,969 cash to close to unlock $2,220/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,494/mo, and a $974/mo payment keeps the spread at $185/mo. Purchase price stands at $199,000, and rental yield measures 9.01% with $1,494/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.45% and total cumulative return in cash records $80,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,494/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
5.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43115, Clarksburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 558 (100%) |
| Owner Occupied HU | 392 (70.3%) |
| Renter Occupied HU | 115 (20.6%) |
| Vacant Housing Units | 51 ( 9.1%) |
| Median Home Value | $251,493 |
| Average Home Value | $292,277 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
17
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Listed by: Leann Brown • ERA Martin & Associates
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225005443
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.