349 W Main StMechanicsburgOH43044
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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 Mechanicsburg at 349 W Main St, Mechanicsburg, OH, 43044 with 5% annual appreciation on a $159,900 basis while $1,326/mo rent supports operations. Total monthly income totals $1,326/mo and a $783/mo payment preserves $274/mo for cash returns. Annual cash flow comes to $3,286/yr on $53,007 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.95%. Five-year ROI measures 136.59% and total cumulative return in cash totals $72,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,326/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43044, Mechanicsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,194 (100%) |
| Owner Occupied HU | 1,660 (75.7%) |
| Renter Occupied HU | 411 (18.7%) |
| Vacant Housing Units | 123 ( 5.6%) |
| Median Home Value | $225,063 |
| Average Home Value | $253,393 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,003
Multi-Family
55
Businesses
78
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Listed by: Jeremy G. Hankins • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls ID: #1042237