6009 Cinnamon DrWest SalemOH44287
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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 Salem at 6009 Cinnamon Dr, West Salem, OH, 44287 listed at $163,500 pairs $1,079/mo rent with a $800/mo payment to leave $4/mo cash flow. Total monthly income runs $1,079/mo, and annual cash flow reaches $45/yr on $54,200 cash to close. Return on cash invested measures 19.99% in year one, and rental yield registers 7.92% at a $163,500 basis. Equity gained on principal adds $1,055/yr, and annual property appreciation at 5% supports $45,172 by year five. Five-year ROI tracks 103.81% and total cumulative return in cash totals $56,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,079/mo property income relative to a $800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
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Listed by: Carri A Roschival • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5179403