408 S Monroe StMontpelierOH43543
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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 Montpelier at 408 S Monroe St, Montpelier, OH, 43543 offers a 18.97% rental yield on a $110,000 purchase with $1,739/mo rent. Total monthly income registers $1,739/mo, and a $538/mo payment leaves $1,016/mo available for distribution. Annual cash flow reaches $12,190/yr on $36,465 to close, and return on cash invested stands at 53.34% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 282.65% and total cumulative return in cash at $103,068. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,739/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Terry L. Zimmerman • The Carlin Company
Mls Name: NORIS
Mls ID: #10000872