423 W Main 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
Rental property for sale in Barnesville at 423 W Main St, Barnesville, OH, 43713 priced at $169,900 pairs $1,411/mo rent with $293/mo cash flow after a $832/mo payment. Total monthly income equals $1,411/mo, and annual cash flow comes to $3,516/yr on $56,322 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 9.97% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 136.79% and total cumulative return in cash reaches $77,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,411/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,398 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: Ed Eberhart • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5139498