424 N Walnut StLoganOH43138
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
Investment Highlights
Investment property for sale in Logan at 424 N Walnut St, Logan, OH, 43138 offers a 7.85% rental yield on a $224,900 purchase with $1,472/mo rent. 79% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 102.74% and total cumulative return in cash at $76,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,472/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43138, Logan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,491 (100%) |
| Owner Occupied HU | 5,437 (64.0%) |
| Renter Occupied HU | 2,184 (25.7%) |
| Vacant Housing Units | 870 (10.2%) |
| Median Home Value | $185,889 |
| Average Home Value | $240,247 |
Housing Distribution
Address Breakdown
Residential
8,053
Single Family
7,858
Multi-Family
195
Businesses
664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew J Neff • Venture In Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225023166
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.