120 2nd St,Shelby,OH,44875

Investment Highlights

Investment property for sale in Shelby at 120 2nd St, Shelby, OH, 44875 listed at $115,000 pairs $924/mo rent with a $563/mo payment to leave $167/mo cash flow. Total monthly income runs $924/mo, and annual cash flow reaches $2,009/yr on $38,123 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 9.64% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 131.66% and total cumulative return in cash totals $50,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $924/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).