640 W Maple StGranvilleOH43023
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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 Granville at 640 W Maple St, Granville, OH, 43023 offers a 9.6% rental yield on a $269,900 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,321/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,616/yr on $89,472 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 131.04% and total cumulative return in cash at $117,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43023, Granville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,174 (100%) |
| Owner Occupied HU | 4,215 (81.5%) |
| Renter Occupied HU | 710 (13.7%) |
| Vacant Housing Units | 249 ( 4.8%) |
| Median Home Value | $451,673 |
| Average Home Value | $522,331 |
Housing Distribution
Address Breakdown
Residential
5,048
Single Family
4,791
Multi-Family
257
Businesses
397
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