7219 Johnstown RdMount VernonOH43050
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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 Mount Vernon at 7219 Johnstown Rd, Mount Vernon, OH, 43050 earns from $3,115/mo rent with a $3,035/mo payment. Total monthly income totals $3,115/mo. ROI tracks 14.39% on current figures, and rental yield reads 6.03% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 73.75% and total cumulative return in cash sums $150,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,115/mo property income instead of your personal income.
Single Family
Built in 2005
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Listed by: Sam Miller • Re/Max Stars
Mls Name: KCBR
Mls ID: #20250681