415 Florence StWashington ChOH43160
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 415 Florence St, Washington Ch, OH, 43160 in Washington Ch is capital appreciation. Rental yield 4.85%. The 4.85% gross yield at $195,500 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $54,013 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.90) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $42,561.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.2% |
| Monthly Cash Flow | $(496) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $790 |
| Total Monthly Debt Service | $1,208 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43160, Washington Court House, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,889 (100%) |
| Owner Occupied HU | 5,586 (56.5%) |
| Renter Occupied HU | 3,570 (36.1%) |
| Vacant Housing Units | 733 ( 7.4%) |
| Median Home Value | $171,036 |
| Average Home Value | $216,895 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,203
Multi-Family
379
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43160, Washington Court House, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,889 (100%) |
| Owner Occupied HU | 5,586 (56.5%) |
| Renter Occupied HU | 3,570 (36.1%) |
| Vacant Housing Units | 733 ( 7.4%) |
| Median Home Value | $171,036 |
| Average Home Value | $216,895 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,203
Multi-Family
379
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045021