6 Yoakum DrMount VernonOH43050
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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 Vernon at 6 Yoakum Dr, Mount Vernon, OH, 43050 priced at $109,777 pairs $853/mo rent with $131/mo cash flow after a $537/mo payment. Total monthly income equals $853/mo, and annual cash flow comes to $1,575/yr on $36,391 invested. Return on cash invested is 24.24% in year one, and rental yield stands at 9.32% on a $109,777 basis. Equity gained on principal adds $708/yr, and 5% annual appreciation accumulates to $30,329 by year five. Five-year ROI measures 126.69% and total cumulative return in cash reaches $46,106. For financing, Ziffy Mortgage’s DSCR program evaluates $853/mo property income against a $537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Listed by: Dave T Culbertson • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225043391