18 W Park Dr,Shelby,OH,44875

Investment Highlights

Rental property for sale in Shelby at 18 W Park Dr, Shelby, OH, 44875 priced at $109,900 converts $1,007/mo rent into $284/mo cash flow after a $538/mo obligation. Total monthly income equals $1,007/mo, and annual cash flow totals $3,408/yr on $36,432 invested. Return on cash invested prints 29.26% in year one, and rental yield reads 11% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 153.5% and total cumulative return in cash sums $55,924. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,007/mo property income covering a $538/mo payment, not borrower’s personal income.