807 Delaware AveMontpelierOH43543
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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 Montpelier at 807 Delaware Ave, Montpelier, OH, 43543 earns $1,171/mo cash flow from $2,045/mo rent with a $650/mo payment. Total monthly income totals $2,045/mo, and annual cash flow totals $14,055/yr on $44,056 capital. ROI tracks 51.81% on current figures, and rental yield reads 18.47% at a $132,900 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,718 over five years. Five-year ROI reaches 274.53% and total cumulative return in cash sums $120,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,045/mo property income instead of your personal income.
Single Family
Built in 1920
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
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Listed by: Matthew Robert Watson • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6119508
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. 2024 NORIS. All rights reserved.