1604 Gray StFindlayOH45840
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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 Findlay at 1604 Gray St, Findlay, OH, 45840 generates $1,738/mo in rent and, after a $957/mo payment, leaves $452/mo in cash flow. Total monthly income is $1,738/mo, and annual cash flow is $5,423/yr on $64,808 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 10.67% on a $195,500 entry. Equity gained on principal adds $1,262/yr, while 5% annual appreciation builds toward $54,013 over five years. Five-year ROI reaches 148.22% and total cumulative return in cash sums $96,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,738/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
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