16702 State Route 49EdonOH43518
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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
Investment property for sale in Edon at 16702 State Route 49, Edon, OH, 43518 earns $359/mo cash flow from $1,345/mo rent with a $734/mo payment. Total monthly income totals $1,345/mo, and annual cash flow totals $4,302/yr on $49,725 capital. ROI tracks 28.56% on current figures, and rental yield reads 10.76% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash sums $74,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,345/mo property income instead of your personal income.
Single Family
Built in 1920
20.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43518, Edon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,150 (100%) |
| Owner Occupied HU | 915 (79.6%) |
| Renter Occupied HU | 160 (13.9%) |
| Vacant Housing Units | 75 ( 6.5%) |
| Median Home Value | $172,896 |
| Average Home Value | $250,790 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
977
Multi-Family
0
Businesses
58
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