38500 Bower RdScioOH43988
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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 Scio at 38500 Bower Rd, Scio, OH, 43988 earns $437/mo cash flow from $2,278/mo rent with a $1,370/mo payment. Total monthly income totals $2,278/mo, and annual cash flow totals $5,240/yr on $92,820 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.76% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $124,041. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,278/mo property income instead of your personal income.
Single Family
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43988, Scio, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,211 (100%) |
| Owner Occupied HU | 706 (58.3%) |
| Renter Occupied HU | 197 (16.3%) |
| Vacant Housing Units | 308 (25.4%) |
| Median Home Value | $189,375 |
| Average Home Value | $259,653 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
993
Multi-Family
44
Businesses
52
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