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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% |
Rental property for sale in West Salem at 4204 Majorna Dr, West Salem, OH, 44287 priced at $425,000 converts $1,079/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,079/mo. Return on cash invested prints 4.5% in year one, and rental yield reads 3.05% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 21% and total cumulative return in cash sums $29,585. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,079/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
$1,112 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 |
|---|---|---|
| 2024-10-05 | Listed for sale | $425,000 |
| 2016-09-22 | Sold | $125,900 |
| 2016-08-26 | Pending sale | $125,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2916.54 | 28.73% | $82,310 | 41.50% |
| 2022-10-15 | $2265.60 | 404.39% | $58,170 | 427.38% |
| 2021-10-15 | $449.18 | N/A | $11,030 | N/A |
Listed by: Anne M Callahan • Keller Williams Citywide
Mls Name: MLS Now
Mls Provider:
Mls ID: #5073063
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.
