134 E Main StCardingtonOH43315
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Cardington rental at 134 E Main St, Cardington, OH, 43315 sits in the solid-income band: 10.53% gross yield, $1,044/mo rent, $261/mo net after the $535/mo debt service, DSCR 1.95. Entry price of $119,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $32,878 and $1,096/yr in principal reduction bring total cumulative return to $62,165.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $261 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,044 |
| Total Monthly Debt Service | $735 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1901
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43315, Cardington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,136 (100%) |
| Owner Occupied HU | 2,317 (73.9%) |
| Renter Occupied HU | 590 (18.8%) |
| Vacant Housing Units | 229 ( 7.3%) |
| Median Home Value | $219,834 |
| Average Home Value | $243,825 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,823
Multi-Family
54
Businesses
85
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
Single Family
Built in 1901
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43315, Cardington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,136 (100%) |
| Owner Occupied HU | 2,317 (73.9%) |
| Renter Occupied HU | 590 (18.8%) |
| Vacant Housing Units | 229 ( 7.3%) |
| Median Home Value | $219,834 |
| Average Home Value | $243,825 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,823
Multi-Family
54
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Thress • Red Frog Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225039963