124 West StCareyOH43316
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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 Carey at 124 West St, Carey, OH, 43316 with 5% annual appreciation on a $174,900 basis while $1,502/mo rent supports operations. Total monthly income totals $1,502/mo and a $856/mo payment preserves $352/mo for cash returns. Annual cash flow comes to $4,219/yr on $57,979 deployed, and return on cash invested reaches 27.19% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 10.31%. Five-year ROI measures 142.42% and total cumulative return in cash totals $82,572.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,502/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
8,977 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43316, Carey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,616 (100%) |
| Owner Occupied HU | 1,826 (69.8%) |
| Renter Occupied HU | 556 (21.3%) |
| Vacant Housing Units | 234 ( 8.9%) |
| Median Home Value | $188,131 |
| Average Home Value | $226,943 |
Housing Distribution
Address Breakdown
Residential
2,519
Single Family
2,448
Multi-Family
71
Businesses
151
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