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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Findlay at 1527 Lockwood Rd, Findlay, OH, 45840 generates $1,920/mo in rent and, after a $1,125/mo payment, leaves $408/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $4,896/yr on $76,212 invested. Return on cash invested sits at 26.33% in year one, and rental yield is 10.02% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash sums $105,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Date | Event | Price |
|---|---|---|
| 2020-10-22 | Sold | $179,900 |
| 2020-09-05 | Pending sale | $179,900 |
| 2020-09-03 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-16 | $1904.96 | 0.35% | $53,360 | N/A |
| 2022-06-16 | $1898.30 | 3.78% | $53,360 | 19.45% |
| 2021-06-16 | $1829.24 | 0.01% | $44,670 | N/A |
Listed by: Leisa Zeigler • Coldwell Banker Flag City
Mls Name: NORIS
Mls ID: #6131331
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.
