6171 State Route 245North LewisburgOH43060
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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 North Lewisburg at 6171 State Route 245, North Lewisburg, OH, 43060 generates $3,769/mo in rent, after a $3,304/mo payment. Total monthly income is $3,769/mo. Return on cash invested sits at 16.43% in year one, and rental yield is 6.7% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 84.68% and total cumulative return in cash sums $188,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,769/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43060, North Lewisburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 877 (70.7%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 82 ( 6.6%) |
| Median Home Value | $192,520 |
| Average Home Value | $223,945 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
791
Multi-Family
216
Businesses
43
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Listed by: Tori Nicole Thomas • Fiv Realty Co Ohio LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022409
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.