60 N London StMount SterlingOH43143
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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 Mount Sterling at 60 N London St, Mount Sterling, OH, 43143 offers a 9.47% rental yield on a $153,333 purchase with $1,210/mo rent. Total monthly income registers $1,210/mo, and a $750/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,983/yr on $50,830 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $989/yr while 5% annual appreciation supports $42,363 over five years. Portfolio math shows five-year ROI at 124.67% and total cumulative return in cash at $63,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,210/mo property income against a $750/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43143, Mount Sterling, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,742 (69.4%) |
| Renter Occupied HU | 617 (24.6%) |
| Vacant Housing Units | 150 ( 6.0%) |
| Median Home Value | $243,939 |
| Average Home Value | $283,344 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,406
Multi-Family
40
Businesses
123
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Listed by: Beth Rose • Loss Realty Group
Mls Name: My State MLS
Mls ID: #11566828