93 E Main StGlousterOH45732
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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 Glouster at 93 E Main St, Glouster, OH, 45732 uses $67,626 cash to close to unlock $2,623/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $998/mo payment keeps the spread at $219/mo. Purchase price stands at $204,000, and rental yield measures 9.18% with $1,560/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 124.18% and total cumulative return in cash records $83,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $998/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45732, Glouster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,519 (63.9%) |
| Renter Occupied HU | 453 (19.1%) |
| Vacant Housing Units | 405 (17.0%) |
| Median Home Value | $121,755 |
| Average Home Value | $153,812 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,961
Multi-Family
0
Businesses
87
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