7520 State Route 188CirclevilleOH43113
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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 Circleville at 7520 State Route 188, Circleville, OH, 43113 generates $1,074/mo in rent, after a $2,271/mo payment. Total monthly income is $1,074/mo. Return on cash invested sits at 4.48% in year one, and rental yield is 2.78% on a $464,000 entry. Equity gained on principal adds $2,994/yr, while 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 20.59% and total cumulative return in cash sums $31,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,074/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43113, Circleville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 6,541 (62.7%) |
| Renter Occupied HU | 3,303 (31.7%) |
| Vacant Housing Units | 580 ( 5.6%) |
| Median Home Value | $237,736 |
| Average Home Value | $280,753 |
Housing Distribution
Address Breakdown
Residential
10,085
Single Family
9,858
Multi-Family
227
Businesses
873
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Listed by: Dawnette A Johnston • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034290
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.