406 S Chestnut StBarnesvilleOH43713
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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 Barnesville at 406 S Chestnut St, Barnesville, OH, 43713 offers a 9.2% rental yield on a $180,000 purchase with $1,380/mo rent. Total monthly income registers $1,380/mo, and a $881/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,352/yr on $59,670 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 124.47% and total cumulative return in cash at $74,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43713, Barnesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,356 (100%) |
| Owner Occupied HU | 2,206 (65.7%) |
| Renter Occupied HU | 743 (22.1%) |
| Vacant Housing Units | 407 (12.1%) |
| Median Home Value | $195,313 |
| Average Home Value | $226,788 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
2,974
Multi-Family
193
Businesses
264
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Listed by: Chad Wilson • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5150179