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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% |
Rental property for sale in Findlay at 1224 S Main St, Findlay, OH, 45840 offers $2,525/mo rent that, after a $1,321/mo payment, leaves $750/mo cash flow. Total monthly income is $2,525/mo, and annual cash flow is $8,996/yr on $89,472 cash. Return on cash invested measures 29.96% in year one, and rental yield stands at 11.23% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 157.28% and total cumulative return in cash reaches $140,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,525/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
8,197 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $269,900 |
| 2023-10-07 | Listing removed | N/A |
| 2023-06-27 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $3265.02 | 0.35% | $91,770 | N/A |
| 2022-01-08 | $3253.54 | -3.32% | $91,770 | 10.99% |
| 2021-01-08 | $3365.24 | 0.01% | $82,680 | N/A |
Listed by: Trent Farthing • Key Realty
Mls Name: NORIS
Mls ID: #6120882
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. 2024 NORIS. All rights reserved.
