612 S Monroe StMillersburgOH44654
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $160,000, 612 S Monroe St, Millersburg, OH, 44654 in Millersburg generates $1,134/mo in rent (8.51% yield) but nets only $82/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.58) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $44,205. Total projected return: $66,232.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $82 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,134 |
| Total Monthly Debt Service | $989 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1993
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1993
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44654, Millersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,597 (100%) |
| Owner Occupied HU | 5,114 (67.3%) |
| Renter Occupied HU | 1,856 (24.4%) |
| Vacant Housing Units | 627 ( 8.3%) |
| Median Home Value | $374,351 |
| Average Home Value | $443,563 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
6,655
Multi-Family
81
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS Now
Mls ID: #5190176