6882 State Route 61, Mount Gilead, OH, 43338 | $183/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6882 State Route 61, Mount Gilead, OH, 43338 | $183/mo Cash Flow | Ziffy

For Sale

Currently Rented

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mount Gilead at 6882 State Route 61, Mount Gilead, OH, 43338 listed at $134,900 pairs $1,070/mo rent with a $660/mo payment to leave $183/mo cash flow. Total monthly income runs $1,070/mo, and annual cash flow reaches $2,195/yr on $44,719 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 9.52% at a $134,900 basis. Equity gained on principal adds $870/yr, and annual property appreciation at 5% supports $37,270 by year five. Five-year ROI tracks 129.65% and total cumulative return in cash totals $57,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,070/mo property income relative to a $660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

1 Acres lot

$N/A/sqft

No HOA

More details about the property

3 bedroom, 1 bath ranch home in the Northmor School District. This Mt Gilead home has a large 2.5 car attached garage, large family room with adjoining deck, partial basement with bilco door access, main floor laundry and plenty of room for a garden and chickens on the 1 acre parcel! Unknown if propane tank is owned or leased. Sold As-Is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.

Housing Distribution

Housing Statistics

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