40 W Pickaway StKingstonOH45644
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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 Kingston at 40 W Pickaway St, Kingston, OH, 45644 offers a 10.65% rental yield on a $155,000 purchase with $1,375/mo rent. Total monthly income registers $1,375/mo, and a $759/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,261/yr on $51,383 to close, and return on cash invested stands at 28.2% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 147.91% and total cumulative return in cash at $76,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,375/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45644, Kingston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,408 (68.3%) |
| Renter Occupied HU | 336 (16.3%) |
| Vacant Housing Units | 318 (15.4%) |
| Median Home Value | $232,398 |
| Average Home Value | $257,852 |
Housing Distribution
Address Breakdown
Residential
1,412
Single Family
1,412
Multi-Family
0
Businesses
54
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Listed by: Ashley D VanCleve • e-Merge Real Estate Crossroads
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225027569
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.