9701 State Route 107 LOT 1MontpelierOH43543
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 Montpelier at 9701 State Route 107 LOT 1, Montpelier, OH, 43543 uses $59,637 cash to close to unlock $2,882/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $881/mo payment keeps the spread at $240/mo. Purchase price stands at $179,900, and rental yield measures 9.5% with $1,424/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 129.34% and total cumulative return in cash records $77,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43543, Montpelier, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,505 (100%) |
| Owner Occupied HU | 2,361 (67.4%) |
| Renter Occupied HU | 721 (20.6%) |
| Vacant Housing Units | 423 (12.1%) |
| Median Home Value | $172,035 |
| Average Home Value | $234,213 |
Housing Distribution
Address Breakdown
Residential
3,307
Single Family
3,303
Multi-Family
4
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Stuckey • Real Estate Advantage Team LLC
Mls Name: NORIS
Mls ID: #6136535