3496 Hillman Ford RdMorralOH43337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morral at 3496 Hillman Ford Rd, Morral, OH, 43337 offers $2,207/mo rent that, after a $1,541/mo payment, leaves $136/mo cash flow. Total monthly income is $2,207/mo, and annual cash flow is $1,631/yr on $104,389 cash. Return on cash invested measures 21.47% in year one, and rental yield stands at 8.41% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 111.72% and total cumulative return in cash reaches $116,626. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,207/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43337, Morral, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 397 (100%) |
| Owner Occupied HU | 329 (82.9%) |
| Renter Occupied HU | 37 ( 9.3%) |
| Vacant Housing Units | 31 ( 7.8%) |
| Median Home Value | $259,309 |
| Average Home Value | $254,726 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
12
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Listed by: Amber L Deem • RealtyOhio Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224043473
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.