8-124 Picadilly DrMount 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 8-124 Picadilly Dr, Mount Gilead, OH, 43338 with 5% annual appreciation on a $322,573 basis while $2,183/mo rent supports operations. Total monthly income totals $2,183/mo and a $1,579/mo payment preserves $61/mo for cash returns. Annual cash flow comes to $732/yr on $106,933 deployed, and return on cash invested reaches 20.59% in year one. Equity gained on principal adds $2,082/yr, and five-year appreciation sums $89,121 alongside rental yield of 8.12%. Five-year ROI measures 107% and total cumulative return in cash totals $114,415.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,183/mo property income versus a $1,579/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A