1529 E 2300 North RdFindlayIL62534
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
Investment property for sale in Findlay at 1529 E 2300 North Rd, Findlay, IL, 62534 offers a 8.5% rental yield on a $254,500 purchase with $1,803/mo rent. Total monthly income registers $1,803/mo, and a $1,246/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $449/yr on $84,367 to close, and return on cash invested stands at 20.44% in year one. Equity gained on principal adds $1,642/yr while 5% annual appreciation supports $70,314 over five years. Portfolio math shows five-year ROI at 106.7% and total cumulative return in cash at $90,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,803/mo property income against a $1,246/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62534, Findlay, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 390 (70.0%) |
| Renter Occupied HU | 92 (16.5%) |
| Vacant Housing Units | 75 (13.5%) |
| Median Home Value | $143,478 |
| Average Home Value | $198,179 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
38
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