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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in London at 6245 State Route 56 SE, London, OH, 43140 listed at $549,900 pairs $2,887/mo rent with a $2,691/mo payment. Total monthly income runs $2,887/mo. Return on cash invested measures 15.22% in year one, and rental yield registers 6.3% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 78.2% and total cumulative return in cash totals $141,470. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,887/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
7.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43140, London, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 5,740 (68.1%) |
| Renter Occupied HU | 2,056 (24.4%) |
| Vacant Housing Units | 633 ( 7.5%) |
| Median Home Value | $251,153 |
| Average Home Value | $294,249 |
Residential
8,196
Single Family
8,016
Multi-Family
180
Businesses
592
Date | Event | Price |
|---|---|---|
| 2024-09-28 | Listed for sale | $549,900 |
| 2024-08-30 | Contingent | $549,900 |
| 2024-08-28 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $3274.32 | 8.40% | $82,370 | N/A |
| 2021-10-15 | $3020.48 | -0.12% | $82,370 | N/A |
| 2020-10-15 | $3024.04 | 10.23% | $82,370 | 6.67% |
Listed by: Jenna A Webster • Webster Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224030282
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.
