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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% |
Rental property for sale in Mount Gilead at 6519 State Route 19, Mount Gilead, OH, 43338 generates $1,062/mo in rent, after a $979/mo payment. Total monthly income is $1,062/mo. Return on cash invested sits at 15.32% in year one, and rental yield is 6.37% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 78.78% and total cumulative return in cash sums $52,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,062/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Richard A Wright • RE/MAX Affiliates, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035090
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.
