4341 Gunters ChainMarengoOH43334
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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 Marengo at 4341 Gunters Chain, Marengo, OH, 43334 generates $3,098/mo in rent and, after a $1,933/mo payment, leaves $500/mo in cash flow. Total monthly income is $3,098/mo, and annual cash flow is $6,001/yr on $130,943 invested. Return on cash invested sits at 24.49% in year one, and rental yield is 9.41% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 127.96% and total cumulative return in cash sums $167,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,098/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43334, Marengo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 2,087 (79.2%) |
| Renter Occupied HU | 395 (15.0%) |
| Vacant Housing Units | 153 ( 5.8%) |
| Median Home Value | $283,078 |
| Average Home Value | $304,647 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
134
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