1400 County Road 170MarengoOH43334
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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
Rental property for sale in Marengo at 1400 County Road 170, Marengo, OH, 43334 generates $2,161/mo in rent, after a $1,969/mo payment. Total monthly income is $2,161/mo. Return on cash invested sits at 15.54% in year one, and rental yield is 6.45% on a $402,300 entry. Equity gained on principal adds $2,596/yr, while 5% annual appreciation builds toward $111,148 over five years. Five-year ROI reaches 79.94% and total cumulative return in cash sums $106,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,161/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43334, Marengo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 2,087 (79.2%) |
| Renter Occupied HU | 395 (15.0%) |
| Vacant Housing Units | 153 ( 5.8%) |
| Median Home Value | $283,078 |
| Average Home Value | $304,647 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
134
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