3505 Dresden RdZanesvilleOH43701
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 Zanesville at 3505 Dresden Rd, Zanesville, OH, 43701 priced at $785,900 converts $1,554/mo rent into after a $3,847/mo obligation. Total monthly income equals $1,554/mo. Return on cash invested prints 3% in year one, and rental yield reads 2.37% against a $785,900 entry. Equity gained on principal adds $5,071/yr, while 5% annual appreciation compiles into $217,130 by year five. Five-year ROI reaches 12.76% and total cumulative return in cash sums $32,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $3,847/mo payment, not borrower’s personal income.
Single Family
Built in 1994
2.14 Acres lot
$N/A/sqft
$180 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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Nearby investment properties with comparable prices
Listed by: Justin L Hardcastle • Hardcastle Realty Services LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5086362
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