469 Treesong RdMarengoOH43334
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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 469 Treesong Rd, Marengo, OH, 43334 priced at $409,900 pairs $2,466/mo rent with after a $2,006/mo payment. Total monthly income equals $2,466/mo. Return on cash invested is 17.88% in year one, and rental yield stands at 7.22% on a $409,900 basis. Equity gained on principal adds $2,645/yr, and 5% annual appreciation accumulates to $113,248 by year five. Five-year ROI measures 92.45% and total cumulative return in cash reaches $125,620. For financing, Ziffy Mortgage’s DSCR program evaluates $2,466/mo property income against a $2,006/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.80 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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Listed by: Ryan J Ruehle • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225003885
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.