501 E North StMc ArthurOH45651
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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 Mc Arthur at 501 E North St, Mc Arthur, OH, 45651 priced at $218,800 converts $575/mo rent into after a $1,071/mo obligation. Total monthly income equals $575/mo. Return on cash invested prints 5.61% in year one, and rental yield reads 3.15% against a $218,800 entry. Equity gained on principal adds $1,412/yr, while 5% annual appreciation compiles into $60,450 by year five. Five-year ROI reaches 26.69% and total cumulative return in cash sums $19,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $575/mo property income covering a $1,071/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45651, Mc Arthur, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,519 (100%) |
| Owner Occupied HU | 1,636 (64.9%) |
| Renter Occupied HU | 620 (24.6%) |
| Vacant Housing Units | 263 (10.4%) |
| Median Home Value | $185,069 |
| Average Home Value | $242,767 |
Housing Distribution
Address Breakdown
Residential
2,325
Single Family
2,218
Multi-Family
107
Businesses
183
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