649 Howard StMount VernonOH43050
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
Investment property for sale in Mount Vernon at 649 Howard St, Mount Vernon, OH, 43050 at $167,900 posts ROI 30.22% with $478/mo cash flow from $1,583/mo rent. Total monthly income equals $1,583/mo, and annual cash flow records $5,740/yr on $55,659 to close. Return on cash invested measures 30.22% and rental yield reads 11.31% at the current $167,900. Equity gained on principal adds $1,083/yr, and 5% annual appreciation supports $46,388 by year five. Five-year ROI prints 158.72% and total cumulative return in cash totals $88,342.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,583/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Listed by: Robert Harrod • Re/Max Stars
Mls Name: KCBR
Mls ID: #20250744