501 E Main StBarnesvilleOH43713
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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 Barnesville at 501 E Main St, Barnesville, OH, 43713 priced at $399,000 converts $706/mo rent into after a $1,953/mo obligation. Total monthly income equals $706/mo. Return on cash invested prints 2.5% in year one, and rental yield reads 2.12% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 10.03% and total cumulative return in cash sums $13,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $706/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1873
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43713, Barnesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,356 (100%) |
| Owner Occupied HU | 2,206 (65.7%) |
| Renter Occupied HU | 743 (22.1%) |
| Vacant Housing Units | 407 (12.1%) |
| Median Home Value | $195,313 |
| Average Home Value | $226,788 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
2,974
Multi-Family
193
Businesses
264
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Listed by: Samantha K Welch • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5156925