112 Barden St,Castalia,OH,44824

Investment Highlights

Investment property for sale in Castalia at 112 Barden St, Castalia, OH, 44824 listed at $189,000 pairs $1,800/mo rent with a $925/mo payment to leave $557/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $6,682/yr on $62,654 cash to close. Return on cash invested measures 30.57% in year one, and rental yield registers 11.43% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 160.56% and total cumulative return in cash totals $100,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).