602 Scott StCrestlineOH44827
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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 Crestline at 602 Scott St, Crestline, OH, 44827 priced at $121,200 converts $1,685/mo rent into $877/mo cash flow after a $593/mo obligation. Total monthly income equals $1,685/mo, and annual cash flow totals $10,524/yr on $40,178 invested. Return on cash invested prints 46.1% in year one, and rental yield reads 16.68% against a $121,200 entry. Equity gained on principal adds $782/yr, while 5% annual appreciation compiles into $33,485 by year five. Five-year ROI reaches 243.93% and total cumulative return in cash sums $98,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,685/mo property income covering a $593/mo payment, not borrower’s personal income.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44827, Crestline, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,194 (100%) |
| Owner Occupied HU | 2,081 (65.2%) |
| Renter Occupied HU | 889 (27.8%) |
| Vacant Housing Units | 224 ( 7.0%) |
| Median Home Value | $143,750 |
| Average Home Value | $186,734 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
3,002
Multi-Family
76
Businesses
179
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Listed by: Janice Darmody • e-Merge Real Estate Champions
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021657
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.