833 Fairview StChillicotheOH45601
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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 Chillicothe at 833 Fairview St, Chillicothe, OH, 45601 offers $1,476/mo rent that, after a $832/mo payment, leaves $358/mo cash flow. Total monthly income is $1,476/mo, and annual cash flow is $4,296/yr on $56,322 cash. Return on cash invested measures 27.54% in year one, and rental yield stands at 10.42% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 144.25% and total cumulative return in cash reaches $81,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,476/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45601, Chillicothe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,375 (100%) |
| Owner Occupied HU | 14,645 (62.7%) |
| Renter Occupied HU | 7,048 (30.2%) |
| Vacant Housing Units | 1,682 ( 7.2%) |
| Median Home Value | $198,339 |
| Average Home Value | $228,272 |
Housing Distribution
Address Breakdown
Residential
22,769
Single Family
21,479
Multi-Family
1,290
Businesses
1,662
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Listed by: Connor Johnson • Best Homes Real Estate Ltd.
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226002286