426 E Water StMontpelierOH43543
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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
Investment property for sale in Montpelier at 426 E Water St, Montpelier, OH, 43543 listed at $139,900 pairs $1,244/mo rent with a $685/mo payment to leave $324/mo cash flow. Total monthly income runs $1,244/mo, and annual cash flow reaches $3,882/yr on $46,377 cash to close. Return on cash invested measures 28.28% in year one, and rental yield registers 10.67% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 148.32% and total cumulative return in cash totals $68,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,244/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Kimberly A. Morrell • The Carlin Company
Mls Name: NORIS
Mls ID: #6133219