1312 Michael AveCelinaOH45822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Celina at 1312 Michael Ave, Celina, OH, 45822 generates $1,852/mo in rent and, after a $1,121/mo payment, leaves $346/mo in cash flow. Total monthly income is $1,852/mo, and annual cash flow is $4,146/yr on $75,914 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.7% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 132.66% and total cumulative return in cash sums $100,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,852/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45822, Celina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,648 (100%) |
| Owner Occupied HU | 6,178 (64.0%) |
| Renter Occupied HU | 2,237 (23.2%) |
| Vacant Housing Units | 1,233 (12.8%) |
| Median Home Value | $224,874 |
| Average Home Value | $265,641 |
Housing Distribution
Address Breakdown
Residential
8,605
Single Family
8,358
Multi-Family
247
Businesses
661
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices