Property Valuation
The 'income multiplier' method in Ohio real estate is used primarily for:
ASingle-family homes only
BQuick, rough estimates of value for income-producing properties✓ Correct
CCalculating property tax assessments
DDetermining replacement cost of buildings
Explanation
Income multipliers (GRM, GIM) provide quick, rough value estimates by multiplying gross income by a factor derived from comparable sales. They are less precise than full capitalization analysis.
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