108 W Main StElidaOH45807
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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
Investment property for sale in Elida at 108 W Main St, Elida, OH, 45807 earns $1,239/mo cash flow from $2,332/mo rent with a $812/mo payment. Total monthly income totals $2,332/mo, and annual cash flow totals $14,868/yr on $55,029 capital. ROI tracks 46.93% on current figures, and rental yield reads 16.86% at a $166,000 purchase. Equity gained on principal adds $1,071/yr, and 5% annual appreciation supports $45,863 over five years. Five-year ROI reaches 248.36% and total cumulative return in cash sums $136,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,332/mo property income instead of your personal income.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Housing Distribution
Address Breakdown
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
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