708 N High StLancasterOH43130
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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
Investment property for sale in Lancaster at 708 N High St, Lancaster, OH, 43130 with 5% annual appreciation on a $339,900 basis while $2,269/mo rent supports operations. Total monthly income totals $2,269/mo and a $1,664/mo payment preserves $33/mo for cash returns. Annual cash flow comes to $394/yr on $112,677 deployed, and return on cash invested reaches 20.26% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 8.01%. Five-year ROI measures 105.23% and total cumulative return in cash totals $118,571.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,269/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1902
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43130, Lancaster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,232 (100%) |
| Owner Occupied HU | 17,412 (63.9%) |
| Renter Occupied HU | 8,241 (30.3%) |
| Vacant Housing Units | 1,579 ( 5.8%) |
| Median Home Value | $254,495 |
| Average Home Value | $301,928 |
Housing Distribution
Address Breakdown
Residential
26,133
Single Family
24,337
Multi-Family
1,796
Businesses
2,033
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