46 3rd Ave SWEtnaOH43062
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 Etna at 46 3rd Ave SW, Etna, OH, 43062 offers a 8.16% rental yield on a $239,900 purchase with $1,631/mo rent. Total monthly income registers $1,631/mo, and a $1,174/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $638/yr on $79,527 to close, and return on cash invested stands at 20.71% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 107.7% and total cumulative return in cash at $85,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,631/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43062, Pataskala, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 10,297 (80.1%) |
| Renter Occupied HU | 2,087 (16.2%) |
| Vacant Housing Units | 471 ( 3.7%) |
| Median Home Value | $333,809 |
| Average Home Value | $407,975 |
Housing Distribution
Address Breakdown
Residential
12,714
Single Family
12,515
Multi-Family
199
Businesses
608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices