5953 County Road 109Mount GileadOH43338
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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 Mount Gilead at 5953 County Road 109, Mount Gilead, OH, 43338 generates $1,062/mo in rent, after a $3,078/mo payment. Total monthly income is $1,062/mo. Return on cash invested sits at 2.23% in year one, and rental yield is 2.03% on a $628,898 entry. Equity gained on principal adds $4,058/yr, while 5% annual appreciation builds toward $173,753 over five years. Five-year ROI reaches 8.52% and total cumulative return in cash sums $17,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,062/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
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Listed by: Patricia K Jackson • RE/MAX Genesis
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225035336