6847 State Route 104 #BMc DermottOH45652
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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
Rental property for sale in Mc Dermott at 6847 State Route 104 #B, Mc Dermott, OH, 45652 generates $840/mo in rent, after a $2,203/mo payment. Total monthly income is $840/mo. Return on cash invested sits at 2.85% in year one, and rental yield is 2.24% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 11.89% and total cumulative return in cash sums $17,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45652, Mc Dermott, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 952 (73.8%) |
| Renter Occupied HU | 232 (18.0%) |
| Vacant Housing Units | 106 ( 8.2%) |
| Median Home Value | $204,671 |
| Average Home Value | $207,999 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,204
Multi-Family
0
Businesses
30
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Listed by: Amanda Crabtree • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #154243