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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 Oberlin at 177 S Pleasant St, Oberlin, OH, 44074 priced at $127,000 pairs $2,249/mo rent with $1,368/mo cash flow after a $622/mo payment. Total monthly income equals $2,249/mo, and annual cash flow comes to $16,420/yr on $42,101 invested. Return on cash invested is 58.91% in year one, and rental yield stands at 21.25% on a $127,000 basis. Equity gained on principal adds $820/yr, and 5% annual appreciation accumulates to $35,088 by year five. Five-year ROI measures 313.07% and total cumulative return in cash reaches $131,805. For financing, Ziffy Mortgage’s DSCR program evaluates $2,249/mo property income against a $622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,650 (100%) |
| Owner Occupied HU | 2,752 (59.2%) |
| Renter Occupied HU | 1,413 (30.4%) |
| Vacant Housing Units | 485 (10.4%) |
| Median Home Value | $269,697 |
| Average Home Value | $313,969 |
Residential
4,182
Single Family
3,547
Multi-Family
635
Businesses
407
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Sold | $127,000 |
| 2025-05-06 | Pending sale | $125,000 |
| 2025-05-01 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $2468.96 | 29.41% | $49,490 | 45.13% |
| 2023-10-09 | $1907.84 | 2.69% | $34,100 | N/A |
| 2022-10-09 | $1857.86 | 0.29% | $34,100 | N/A |
Listed by: Michael A Hignett • Northern Ohio Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5119249
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
