63 Mill StAlexandriaOH43001
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
Investment Highlights
Rental property for sale in Alexandria at 63 Mill St, Alexandria, OH, 43001 offers $2,010/mo rent that, after a $1,125/mo payment, leaves $498/mo cash flow. Total monthly income is $2,010/mo, and annual cash flow is $5,976/yr on $76,212 cash. Return on cash invested measures 27.75% in year one, and rental yield stands at 10.49% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 145.39% and total cumulative return in cash reaches $110,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,010/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43001, Alexandria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 949 (100%) |
| Owner Occupied HU | 811 (85.5%) |
| Renter Occupied HU | 105 (11.1%) |
| Vacant Housing Units | 33 ( 3.5%) |
| Median Home Value | $395,455 |
| Average Home Value | $464,316 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
87
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Listed by: Donald E Shaffer • Howard HannaRealEstateServices
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007601
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.