1018 Cherry LnFindlayOH45840
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 Findlay at 1018 Cherry Ln, Findlay, OH, 45840 offers a 6.8% rental yield on a $339,000 purchase with $1,920/mo rent. 6% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 85.64% and total cumulative return in cash at $96,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices