16 Circular StTiffinOH44883
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
Rental property for sale in Tiffin at 16 Circular St, Tiffin, OH, 44883 offers $764/mo rent that, after a $704/mo payment. Total monthly income is $764/mo. Return on cash invested measures 15.32% in year one, and rental yield stands at 6.37% at a $143,900 entry. Equity gained on principal adds $929/yr while 5% annual appreciation compounds into $39,757 by year five. Five-year ROI records 78.79% and total cumulative return in cash reaches $37,583. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $764/mo property income versus a $704/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
5,066 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44883, Tiffin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,679 (100%) |
| Owner Occupied HU | 8,179 (64.5%) |
| Renter Occupied HU | 3,563 (28.1%) |
| Vacant Housing Units | 937 ( 7.4%) |
| Median Home Value | $164,499 |
| Average Home Value | $189,700 |
Housing Distribution
Address Breakdown
Residential
11,811
Single Family
11,174
Multi-Family
637
Businesses
962
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices