40 N Vernon StSunburyOH43074
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
Investment property for sale in Sunbury at 40 N Vernon St, Sunbury, OH, 43074 listed at $269,625 pairs $2,471/mo rent with a $1,320/mo payment to leave $697/mo cash flow. Total monthly income runs $2,471/mo, and annual cash flow reaches $8,366/yr on $89,381 cash to close. Return on cash invested measures 29.27% in year one, and rental yield registers 11% at a $269,625 basis. Equity gained on principal adds $1,740/yr, and annual property appreciation at 5% supports $74,492 by year five. Five-year ROI tracks 153.59% and total cumulative return in cash totals $137,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,471/mo property income relative to a $1,320/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43074, Sunbury, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,846 (100%) |
| Owner Occupied HU | 5,063 (74.0%) |
| Renter Occupied HU | 1,419 (20.7%) |
| Vacant Housing Units | 364 ( 5.3%) |
| Median Home Value | $489,630 |
| Average Home Value | $534,277 |
Housing Distribution
Address Breakdown
Residential
6,933
Single Family
6,697
Multi-Family
236
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorri Hughes Pritchard • RE/MAX Impact
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224030896
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.