505 E Elm StWashington ChOH43160
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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
Investment property for sale in Washington Ch at 505 E Elm St, Washington Ch, OH, 43160 with 5% annual appreciation on a $270,000 basis while $1,709/mo rent supports operations. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 7.6%. Five-year ROI measures 98.53% and total cumulative return in cash totals $88,189. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,709/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43160, Washington Court House, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,889 (100%) |
| Owner Occupied HU | 5,586 (56.5%) |
| Renter Occupied HU | 3,570 (36.1%) |
| Vacant Housing Units | 733 ( 7.4%) |
| Median Home Value | $171,036 |
| Average Home Value | $216,895 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,203
Multi-Family
379
Businesses
804
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Listed by: Brady J Jenkins • Point Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225030584
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.