8369 Somerset RdThornvilleOH43076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thornville at 8369 Somerset Rd, Thornville, OH, 43076 offers a 8.04% rental yield on a $235,000 purchase with $1,574/mo rent. Total monthly income registers $1,574/mo, and a $1,150/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $341/yr on $77,903 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 105.72% and total cumulative return in cash at $82,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,574/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43076, Thornville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,305 (100%) |
| Owner Occupied HU | 3,244 (75.4%) |
| Renter Occupied HU | 560 (13.0%) |
| Vacant Housing Units | 501 (11.6%) |
| Median Home Value | $348,080 |
| Average Home Value | $380,263 |
Housing Distribution
Address Breakdown
Residential
3,873
Single Family
3,873
Multi-Family
0
Businesses
153
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Listed by: Vanessa L Beneze • Century 21 Premiere Properties
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225037607