612 S Pleasant StMontpelierOH43543
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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 Montpelier at 612 S Pleasant St, Montpelier, OH, 43543 priced at $115,000 converts $1,194/mo rent into $437/mo cash flow after a $563/mo obligation. Total monthly income equals $1,194/mo, and annual cash flow totals $5,249/yr on $38,123 invested. Return on cash invested prints 33.68% in year one, and rental yield reads 12.46% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 177.27% and total cumulative return in cash sums $67,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: NORIS
Mls ID: #6132045