908 S Division StMount VernonOH43050
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 Mount Vernon at 908 S Division St, Mount Vernon, OH, 43050 offers a 4.64% rental yield on a $363,750 purchase with $1,406/mo rent. 09% in year one. Equity gained on principal adds $2,347/yr while 5% annual appreciation supports $100,497 over five years. Portfolio math shows five-year ROI at 50.71% and total cumulative return in cash at $61,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,406/mo property income against a $1,780/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1975
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43050, Mount Vernon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,103 (100%) |
| Owner Occupied HU | 7,989 (61.0%) |
| Renter Occupied HU | 4,090 (31.2%) |
| Vacant Housing Units | 1,024 ( 7.8%) |
| Median Home Value | $218,132 |
| Average Home Value | $263,580 |
Housing Distribution
Address Breakdown
Residential
12,305
Single Family
11,517
Multi-Family
788
Businesses
1,007
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Nearby investment properties with comparable prices
Listed by: Tracy Jones • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5137403
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