121 N Main StWalbridgeOH43465
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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
Investment property for sale in Walbridge at 121 N Main St, Walbridge, OH, 43465 uses $36,465 cash to close to unlock $1,414/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $841/mo, and a $538/mo payment keeps the spread at $118/mo. Purchase price stands at $110,000, and rental yield measures 9.17% with $841/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash records $45,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43465, Walbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,877 (68.6%) |
| Renter Occupied HU | 655 (23.9%) |
| Vacant Housing Units | 206 ( 7.5%) |
| Median Home Value | $156,226 |
| Average Home Value | $155,121 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,368
Multi-Family
370
Businesses
118
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