515 W Columbus StWest LibertyOH43357
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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 West Liberty at 515 W Columbus St, West Liberty, OH, 43357 listed at $160,000 pairs $1,219/mo rent with a $783/mo payment to leave $167/mo cash flow. Total monthly income runs $1,219/mo, and annual cash flow reaches $2,000/yr on $53,040 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 9.14% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 123.62% and total cumulative return in cash totals $65,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,219/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43357, West Liberty, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,472 (74.1%) |
| Renter Occupied HU | 425 (21.4%) |
| Vacant Housing Units | 90 ( 4.5%) |
| Median Home Value | $231,618 |
| Average Home Value | $283,984 |
Housing Distribution
Address Breakdown
Residential
1,824
Single Family
1,777
Multi-Family
47
Businesses
115
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Listed by: Michael Meyer • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #937168