119 S High StCaledoniaOH43314
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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
Rental property for sale in Caledonia at 119 S High St, Caledonia, OH, 43314 offers $1,571/mo rent that, after a $802/mo payment, leaves $493/mo cash flow. Total monthly income is $1,571/mo, and annual cash flow is $5,917/yr on $54,333 cash. Return on cash invested measures 30.8% in year one, and rental yield stands at 11.5% at a $163,900 entry. Equity gained on principal adds $1,058/yr while 5% annual appreciation compounds into $45,283 by year five. Five-year ROI records 161.85% and total cumulative return in cash reaches $87,938. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,571/mo property income versus a $802/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43314, Caledonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 973 (75.1%) |
| Renter Occupied HU | 227 (17.5%) |
| Vacant Housing Units | 95 ( 7.3%) |
| Median Home Value | $202,725 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,009
Multi-Family
41
Businesses
44
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Listed by: Coral Triplett • Errington Realty LLC.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225042149
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.