4838 County Road 400MillersburgOH44654
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
Rental property for sale in Millersburg at 4838 County Road 400, Millersburg, OH, 44654 generates $1,140/mo in rent, after a $1,415/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 10.37% in year one, and rental yield is 4.73% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 52.22% and total cumulative return in cash sums $50,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vernon E Yoder • Kaufman Realty & Auction, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5076158
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.