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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mount Gilead at 329 W High St, Mount Gilead, OH, 43338 priced at $189,998 converts $1,062/mo rent into after a $930/mo obligation. Total monthly income equals $1,062/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 6.71% against a $189,998 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,493 by year five. Five-year ROI reaches 84.23% and total cumulative return in cash sums $53,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,062/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1917
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $189,998 |
| 2015-10-29 | Sold | $24,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1017.36 | 22.64% | $22,400 | 38.19% |
| 2022-10-15 | $829.52 | 4.89% | $16,210 | N/A |
| 2021-10-15 | $790.82 | -0.05% | $16,210 | N/A |
Listed by: Patricia K Jackson • RE/MAX Genesis
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034923
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.
