320 S Market StSomersetOH43783
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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 Somerset at 320 S Market St, Somerset, OH, 43783 with 5% annual appreciation on a $259,900 basis while $1,521/mo rent supports operations. 28% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 7.02%. Five-year ROI measures 89.28% and total cumulative return in cash totals $76,918. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,521/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43783, Somerset, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,389 (73.2%) |
| Renter Occupied HU | 352 (18.6%) |
| Vacant Housing Units | 156 ( 8.2%) |
| Median Home Value | $227,105 |
| Average Home Value | $274,667 |
Housing Distribution
Address Breakdown
Residential
1,557
Single Family
1,510
Multi-Family
47
Businesses
86
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Listed by: Kelli A Poling • Hill Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018829
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