7947 Cherry StThurstonOH43157
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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 Thurston at 7947 Cherry St, Thurston, OH, 43157 uses $69,582 cash to close to unlock $4,496/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $1,755/mo, and a $1,027/mo payment keeps the spread at $375/mo. Purchase price stands at $209,900, and rental yield measures 10.03% with $1,755/mo rent. Return on cash invested shows 26.37% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 138.01% and total cumulative return in cash records $96,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,755/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43157, Thurston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 190 (100%) |
| Owner Occupied HU | 137 (72.1%) |
| Renter Occupied HU | 39 (20.5%) |
| Vacant Housing Units | 14 ( 7.4%) |
| Median Home Value | $371,622 |
| Average Home Value | $377,701 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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