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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 69 W High St, Mount Gilead, OH, 43338 priced at $171,500 pairs $1,988/mo rent with $860/mo cash flow after a $839/mo payment. Total monthly income equals $1,988/mo, and annual cash flow comes to $10,324/yr on $56,852 invested. Return on cash invested is 38.07% in year one, and rental yield stands at 13.91% on a $171,500 basis. Equity gained on principal adds $1,107/yr, and 5% annual appreciation accumulates to $47,382 by year five. Five-year ROI measures 200.79% and total cumulative return in cash reaches $114,156. For financing, Ziffy Mortgage’s DSCR program evaluates $1,988/mo property income against a $839/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,227 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 |
|---|---|---|
| 2025-06-10 | Sold | $171,500 |
| 2025-05-15 | Contingent | $169,900 |
| 2025-04-26 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-19 | $1412.06 | 47.19% | $31,540 | 66.79% |
| 2022-07-19 | $959.34 | 4.94% | $18,910 | N/A |
| 2021-07-19 | $914.22 | -0.05% | $18,910 | N/A |
Listed by: Lisa D Cooper • Ron Harper Realty, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225013739
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.
