604 Whetstone DrMount 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
Investment property for sale in Mount Gilead at 604 Whetstone Dr, Mount Gilead, OH, 43338 offers a 4.32% rental yield on a $294,900 purchase with $1,062/mo rent. 88% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 44.32% and total cumulative return in cash at $43,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,062/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.34 Acres lot
$N/A/sqft
$250 annually 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: MARILYN K. MILEY • CRAIG A MILEY REALTY & AUCTION
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224043049
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.