638 Seneca DrMontpelierOH43543
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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
Investment property for sale in Montpelier at 638 Seneca Dr, Montpelier, OH, 43543 earns from $1,855/mo rent with a $2,006/mo payment. Total monthly income totals $1,855/mo. ROI tracks 12.48% on current figures, and rental yield reads 5.43% at a $409,900 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,248 over five years. Five-year ROI reaches 63.52% and total cumulative return in cash sums $86,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,855/mo property income instead of your personal income.
Single Family
Built in 1987
2.07 Acres 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: Jeanne Shankster • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #10002377