8600 Major PlGallowayOH43119
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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 Galloway at 8600 Major Pl, Galloway, OH, 43119 uses $117,683 cash to close to unlock $2,393/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $2,535/mo, and a $1,738/mo payment keeps the spread at $199/mo. Purchase price stands at $355,000, and rental yield measures 8.57% with $2,535/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 114.29% and total cumulative return in cash records $134,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,535/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43119, Galloway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,906 (100%) |
| Owner Occupied HU | 8,065 (67.7%) |
| Renter Occupied HU | 3,539 (29.7%) |
| Vacant Housing Units | 302 ( 2.5%) |
| Median Home Value | $275,062 |
| Average Home Value | $310,180 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
11,255
Multi-Family
192
Businesses
244
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