3705 State Route 229MarengoOH43334
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment property for sale in Marengo at 3705 State Route 229, Marengo, OH, 43334 offers a 0% rental yield on a $349,500 purchase with $0/mo rent. 91% in year one. Equity gained on principal adds $2,255/yr while 5% annual appreciation supports $96,560 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
11.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43334, Marengo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 2,087 (79.2%) |
| Renter Occupied HU | 395 (15.0%) |
| Vacant Housing Units | 153 ( 5.8%) |
| Median Home Value | $283,078 |
| Average Home Value | $304,647 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
134
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices