73 N West StThornvilleOH43076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 73 N West St, Thornville, OH, 43076 priced at $249,999 pairs $1,890/mo rent with $245/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,890/mo, and annual cash flow comes to $2,942/yr on $82,875 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 9.07% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 122.44% and total cumulative return in cash reaches $101,470. For financing, Ziffy Mortgage’s DSCR program evaluates $1,890/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.40 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: Joan Elflein • Ohio Broker Direct, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225038494