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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% |
Investment property for sale in Rockford at 1874 Schaadt Rd, Rockford, OH, 45882 offers a 13.65% rental yield on a $195,000 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $954/mo payment leaves $936/mo available for distribution. Annual cash flow reaches $11,229/yr on $64,643 to close, and return on cash invested stands at 37.28% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 196.51% and total cumulative return in cash at $127,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45882, Rockford, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 939 (78.8%) |
| Renter Occupied HU | 183 (15.4%) |
| Vacant Housing Units | 70 ( 5.9%) |
| Median Home Value | $170,711 |
| Average Home Value | $203,206 |
Residential
1,111
Single Family
1,090
Multi-Family
21
Businesses
68
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Sold | $195,000 |
| 2025-05-15 | Pending sale | $212,000 |
| 2025-04-25 | Contingent | $212,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1264.20 | 0.07% | $47,990 | N/A |
| 2023-11-01 | $1263.34 | 41.28% | $47,990 | 62.79% |
| 2022-11-01 | $894.18 | 1.55% | $29,480 | N/A |
Listed by: Tammy Cheek • Homes at Ohio's Edge Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1034958
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
