411 S Washingotn St LOT 6Saint ParisOH43072
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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 Saint Paris at 411 S Washingotn St LOT 6, Saint Paris, OH, 43072 priced at $104,900 converts $1,679/mo rent into $989/mo cash flow after a $513/mo obligation. Total monthly income equals $1,679/mo, and annual cash flow totals $11,873/yr on $34,774 invested. Return on cash invested prints 54.05% in year one, and rental yield reads 19.21% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 286.57% and total cumulative return in cash sums $99,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,679/mo property income covering a $513/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43072, Saint Paris, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 1,744 (74.3%) |
| Renter Occupied HU | 451 (19.2%) |
| Vacant Housing Units | 153 ( 6.5%) |
| Median Home Value | $206,401 |
| Average Home Value | $230,347 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,946
Multi-Family
44
Businesses
127
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Listed by: Kayla Paulk • East Woods MHC
Mls Name: My State MLS
Mls ID: #11250924