443 Township Road 462SullivanOH44880
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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 Sullivan at 443 Township Road 462, Sullivan, OH, 44880 uses $145,197 cash to close to unlock $15,824/yr annual cash flow and $1,319/mo monthly cash flow. Total monthly income runs $4,200/mo, and a $2,144/mo payment keeps the spread at $1,319/mo. Purchase price stands at $438,000, and rental yield measures 11.51% with $4,200/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 161.8% and total cumulative return in cash records $234,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $2,144/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44880, Sullivan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 931 (83.8%) |
| Renter Occupied HU | 102 ( 9.2%) |
| Vacant Housing Units | 78 ( 7.0%) |
| Median Home Value | $246,935 |
| Average Home Value | $269,592 |
Housing Distribution
Address Breakdown
Residential
1,116
Single Family
1,116
Multi-Family
0
Businesses
18
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