104 S Main St, Alger, OH, 45812 | $137/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alger at 104 S Main St, Alger, OH, 45812 earns $137/mo cash flow from $926/mo rent with a $587/mo payment. Total monthly income totals $926/mo, and annual cash flow totals $1,646/yr on $39,747 capital. ROI tracks 24.05% on current figures, and rental yield reads 9.27% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash sums $49,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.

Single Family

Built in 1917

5,000 sqft lot

$N/A/sqft

No HOA