575 Hemingway AveLithopolisOH43136
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
Investment property for sale in Lithopolis at 575 Hemingway Ave, Lithopolis, OH, 43136 at $350,990 posts ROI 25.31% with $524/mo cash flow from $2,855/mo rent. Total monthly income equals $2,855/mo, and annual cash flow records $6,288/yr on $116,353 to close. Return on cash invested measures 25.31% and rental yield reads 9.76% at the current $350,990. Equity gained on principal adds $2,265/yr, and 5% annual appreciation supports $96,972 by year five. Five-year ROI prints 132.39% and total cumulative return in cash totals $154,045.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,855/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$266 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43136, Lithopolis, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 689 (86.0%) |
| Renter Occupied HU | 79 ( 9.9%) |
| Vacant Housing Units | 33 ( 4.1%) |
| Median Home Value | $354,141 |
| Average Home Value | $395,265 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
632
Multi-Family
0
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Alexander A Hencheck • HMS Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035229
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.