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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mount Gilead at 449 Elmcrest Dr, Mount Gilead, OH, 43338 priced at $379,900 pairs $1,062/mo rent with after a $1,859/mo payment. Total monthly income equals $1,062/mo. Return on cash invested is 6.22% in year one, and rental yield stands at 3.35% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 29.96% and total cumulative return in cash reaches $37,733. For financing, Ziffy Mortgage’s DSCR program evaluates $1,062/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Price change | $379,900 |
| 2025-01-01 | Listed for sale | $394,900 |
| 2024-11-24 | Listing removed | $394,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-12 | $4055.90 | 21.17% | $92,760 | 35.28% |
| 2022-01-12 | $3347.40 | 5.14% | $68,570 | N/A |
| 2021-01-12 | $3183.78 | -0.05% | $68,570 | N/A |
Listed by: LeAnne S Gompf • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224033193
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.
