3940 S County Road 198Green SpringsOH44836
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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
Rental property for sale in Green Springs at 3940 S County Road 198, Green Springs, OH, 44836 generates $2,177/mo in rent, after a $1,664/mo payment. Total monthly income is $2,177/mo. Return on cash invested sits at 19.28% in year one, and rental yield is 7.69% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 99.97% and total cumulative return in cash sums $112,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,177/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44836, Green Springs, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 790 (74.9%) |
| Renter Occupied HU | 167 (15.8%) |
| Vacant Housing Units | 98 ( 9.3%) |
| Median Home Value | $175,746 |
| Average Home Value | $186,877 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
49
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Listed by: Cheryl Wendt • Wendt Key Team Realty
Mls Name: Firelands MLS
Mls ID: #20243840
Disclaimer: Listing information is deemed reliable, but not guaranteed.