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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% |
Investment property for sale in Mount Gilead at 69 N Cherry St, Mount Gilead, OH, 43338 with 5% annual appreciation on a $365,000 basis while $1,062/mo rent supports operations. 64% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 3.49%. Five-year ROI measures 32.18% and total cumulative return in cash totals $38,935. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,062/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,276 sqft 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 |
|---|---|---|
| 2023-04-07 | Sold | $51,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-08 | $2019.68 | 20.14% | $45,610 | 34.46% |
| 2022-07-08 | $1681.16 | 5.06% | $33,920 | N/A |
| 2021-07-08 | $1600.22 | 35.92% | $33,920 | N/A |
Listed by: LeAnne S Gompf • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024766
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.
