14409 State Route 58, Oberlin, OH, 44074 | 4.16% Rental Yield

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14409 State Route 58, Oberlin, OH, 44074 | 4.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $954/mo, and a $1,346/mo payment. Purchase price stands at $274,900, and rental yield measures 4.16% with $954/mo rent. Return on cash invested shows 8.67% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 43.1% and total cumulative return in cash records $39,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1900

1.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to the heart of Oberlin! Charming colonial with 2,000 square ft of living space! Updated home on large 1.5 acre lot with two outbuildings. Beautiful setting backs up to neighboring farm. Walk into a large mudroom with laundry hookups and kitchen with all appliances included and custom built-in cabinetry! All major updates have been completed! New roof and gutters, new windows, ALL new mechanicals including electrical, plumbing, furnace/air conditioning. New septic system! This home offers plenty of character and still room to make it your own. Call this one your home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,650 (100%)
Owner Occupied HU	2,752 (59.2%)
Renter Occupied HU	1,413 (30.4%)
Vacant Housing Units	485 (10.4%)
Median Home Value	$269,697
Average Home Value	$313,969