Norway Plan, Berschet FarmsSouth CharlestonOH45368
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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
Rental property for sale in South Charleston at Norway Plan, Berschet Farms, South Charleston, OH, 45368 priced at $298,990 pairs $2,080/mo rent with $114/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,080/mo, and annual cash flow comes to $1,364/yr on $99,115 invested. Return on cash invested is 21.29% in year one, and rental yield stands at 8.35% on a $298,990 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,605 by year five. Five-year ROI measures 110.74% and total cumulative return in cash reaches $109,759. For financing, Ziffy Mortgage’s DSCR program evaluates $2,080/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45368, South Charleston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,503 (72.6%) |
| Renter Occupied HU | 445 (21.5%) |
| Vacant Housing Units | 122 ( 5.9%) |
| Median Home Value | $218,833 |
| Average Home Value | $283,576 |
Housing Distribution
Address Breakdown
Residential
1,665
Single Family
1,440
Multi-Family
225
Businesses
78
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Listed by: Have Questions? • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A