119 N Riblet St, Galion, OH, 44833 | $202/mo Cash Flow

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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 Galion at 119 N Riblet St, Galion, OH, 44833 offers a 9.83% rental yield on a $125,000 purchase with $1,024/mo rent. Total monthly income registers $1,024/mo, and a $612/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,419/yr on $41,438 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 134.7% and total cumulative return in cash at $55,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,024/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1901

5,161 sqft lot

$N/A/sqft

No HOA