611 Concord Village CirJohnstownOH43031
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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 Johnstown at 611 Concord Village Cir, Johnstown, OH, 43031 priced at $395,900 pairs $2,234/mo rent with after a $1,938/mo payment. Total monthly income equals $2,234/mo. Return on cash invested is 13.78% in year one, and rental yield stands at 6.77% on a $395,900 basis. Equity gained on principal adds $2,555/yr, and 5% annual appreciation accumulates to $109,380 by year five. Five-year ROI measures 71.48% and total cumulative return in cash reaches $93,817. For financing, Ziffy Mortgage’s DSCR program evaluates $2,234/mo property income against a $1,938/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
1,742 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43031, Johnstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,160 (76.8%) |
| Renter Occupied HU | 1,143 (21.1%) |
| Vacant Housing Units | 115 ( 2.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $439,511 |
Housing Distribution
Address Breakdown
Residential
5,444
Single Family
5,384
Multi-Family
60
Businesses
336
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Listed by: Kimberly Vivalo-Michel • Keller Williams Consultants
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224027434
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.