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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cardington at 118 E Walnut St, Cardington, OH, 43315 offers a 4.4% rental yield on a $285,000 purchase with $1,044/mo rent. 36% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 46.81% and total cumulative return in cash at $44,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,044/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43315, Cardington, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,136 (100%) |
| Owner Occupied HU | 2,317 (73.9%) |
| Renter Occupied HU | 590 (18.8%) |
| Vacant Housing Units | 229 ( 7.3%) |
| Median Home Value | $219,834 |
| Average Home Value | $243,825 |
Residential
2,877
Single Family
2,823
Multi-Family
54
Businesses
85
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $285,000 |
| 2024-03-19 | Sold | $255,000 |
| 2024-03-18 | Pending sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $154.72 | 12.28% | $3,570 | 25.70% |
| 2022-10-15 | $137.80 | 0.76% | $2,840 | N/A |
| 2021-10-15 | $136.76 | 1.97% | $2,840 | N/A |
Listed by: Kendra Landis • Key Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035534
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
