362 W High St, Mount Gilead, OH, 43338 | $400/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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362 W High St, Mount Gilead, OH, 43338 | $400/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mount Gilead at 362 W High St, Mount Gilead, OH, 43338 with 5% annual appreciation on a $239,700 basis while $1,976/mo rent supports operations. Total monthly income totals $1,976/mo and a $1,173/mo payment preserves $400/mo for cash returns. Annual cash flow comes to $4,794/yr on $79,461 deployed, and return on cash invested reaches 25.94% in year one. Equity gained on principal adds $1,547/yr, and five-year appreciation sums $66,225 alongside rental yield of 9.89%. Five-year ROI measures 135.74% and total cumulative return in cash totals $107,860.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,976/mo property income versus a $1,173/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1910

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Turn of the Century Home with Historic Charm! This property features exquisite original woodwork throughout, including elegant pocket doors and an open staircase. The home offers three spacious bedrooms on the upper level, each with a walk-in closet, and an additional first-floor bedroom also with a large walk-in closet. The main floor includes a formal dining room, a living room with an ornate (non-functioning) fireplace, and a convenient first-floor laundry room. Exterior amenities include a charming covered front patio and a generous large deck, perfect for relaxation or entertaining.

Neighborhood Data

Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.

Housing Distribution

Housing Statistics

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