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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 1604 Payne Ave, Findlay, OH, 45840 generates $1,294/mo in rent and, after a $636/mo payment, leaves $439/mo in cash flow. Total monthly income is $1,294/mo, and annual cash flow is $5,272/yr on $43,062 invested. Return on cash invested sits at 32.15% in year one, and rental yield is 11.95% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 169.09% and total cumulative return in cash sums $72,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,294/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,969 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristie Fox • BHHS Koehler Realty
Mls Name: NORIS
Mls ID: #10001922
