196 Losee StCygnetOH43413
Nearby investment properties with comparable rents
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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
Rental property for sale in Cygnet at 196 Losee St, Cygnet, OH, 43413 priced at $189,900 converts $1,668/mo rent into $419/mo cash flow after a $929/mo obligation. Total monthly income equals $1,668/mo, and annual cash flow totals $5,032/yr on $62,952 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 10.54% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 146.25% and total cumulative return in cash sums $92,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,668/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43413, Cygnet, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 461 (79.3%) |
| Renter Occupied HU | 88 (15.1%) |
| Vacant Housing Units | 32 ( 5.5%) |
| Median Home Value | $213,587 |
| Average Home Value | $261,952 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
20
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