320 E Cherry StSunburyOH43074
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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 Sunbury at 320 E Cherry St, Sunbury, OH, 43074 offers $1,952/mo rent that, after a $1,346/mo payment, leaves $144/mo cash flow. Total monthly income is $1,952/mo, and annual cash flow is $1,731/yr on $91,129 cash. Return on cash invested measures 21.81% in year one, and rental yield stands at 8.52% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 113.57% and total cumulative return in cash reaches $103,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,952/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43074, Sunbury, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,846 (100%) |
| Owner Occupied HU | 5,063 (74.0%) |
| Renter Occupied HU | 1,419 (20.7%) |
| Vacant Housing Units | 364 ( 5.3%) |
| Median Home Value | $489,630 |
| Average Home Value | $534,277 |
Housing Distribution
Address Breakdown
Residential
6,933
Single Family
6,697
Multi-Family
236
Businesses
553
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