7279 Oakthorpe Rd NEThornvilleOH43076
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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
Rental property for sale in Thornville at 7279 Oakthorpe Rd NE, Thornville, OH, 43076 priced at $139,900 pairs $2,161/mo rent with $1,241/mo cash flow after a $685/mo payment. Total monthly income equals $2,161/mo, and annual cash flow comes to $14,886/yr on $46,377 invested. Return on cash invested is 52.01% in year one, and rental yield stands at 18.54% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 275.55% and total cumulative return in cash reaches $127,791. For financing, Ziffy Mortgage’s DSCR program evaluates $2,161/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43076, Thornville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,305 (100%) |
| Owner Occupied HU | 3,244 (75.4%) |
| Renter Occupied HU | 560 (13.0%) |
| Vacant Housing Units | 501 (11.6%) |
| Median Home Value | $348,080 |
| Average Home Value | $380,263 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,873
Multi-Family
0
Businesses
153
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Listed by: Michelle Ross • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007098
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.