78 S Cherry StMount GileadOH43338
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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 Gilead at 78 S Cherry St, Mount Gilead, OH, 43338 earns $221/mo cash flow from $1,456/mo rent with a $919/mo payment. Total monthly income totals $1,456/mo, and annual cash flow totals $2,652/yr on $62,223 capital. ROI tracks 24.17% on current figures, and rental yield reads 9.31% at a $187,700 purchase. Equity gained on principal adds $1,211/yr, and 5% annual appreciation supports $51,858 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash sums $78,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,456/mo property income instead of your personal income.
Single Family
Built in 1936
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43338, Mount Gilead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,597 (100%) |
| Owner Occupied HU | 3,210 (69.8%) |
| Renter Occupied HU | 885 (19.3%) |
| Vacant Housing Units | 502 (10.9%) |
| Median Home Value | $222,399 |
| Average Home Value | $249,426 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,262
Multi-Family
52
Businesses
309
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Listed by: Carol Lessick • Century 21 Excellence Realty
Mls Name: KCBR
Mls ID: #20260013