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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West Salem at 4054 Cinnamon Dr N, West Salem, OH, 44287 earns from $1,079/mo rent with a $1,174/mo payment. Total monthly income totals $1,079/mo. ROI tracks 10.32% on current figures, and rental yield reads 5.4% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 52.7% and total cumulative return in cash sums $41,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,079/mo property income instead of your personal income.
Single Family
Built in 1998
0.49 Acres lot
$N/A/sqft
$820 semi-annually HOA
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
Date | Event | Price |
|---|---|---|
| 2024-11-18 | Price change | $239,900 |
| 2024-10-28 | Price change | $249,900 |
| 2024-10-07 | Price change | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-21 | $48.98 | 26.63% | $1,350 | 39.18% |
| 2022-11-21 | $38.68 | -0.77% | $970 | N/A |
| 2021-11-21 | $38.98 | N/A | $970 | N/A |
Listed by: Margie Sandin • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5048551
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
