405 East StGordonOH45304
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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 Gordon at 405 East St, Gordon, OH, 45304 priced at $189,900 pairs $985/mo rent with after a $929/mo payment. Total monthly income equals $985/mo. Return on cash invested is 14.88% in year one, and rental yield stands at 6.22% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 76.43% and total cumulative return in cash reaches $48,113. For financing, Ziffy Mortgage’s DSCR program evaluates $985/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45304, Arcanum, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,069 (100%) |
| Owner Occupied HU | 2,327 (75.8%) |
| Renter Occupied HU | 559 (18.2%) |
| Vacant Housing Units | 183 ( 6.0%) |
| Median Home Value | $211,305 |
| Average Home Value | $276,843 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,986
Multi-Family
0
Businesses
129
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