202 N Main StEdonOH43518
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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 Edon at 202 N Main St, Edon, OH, 43518 generates $1,132/mo in rent and, after a $582/mo payment, leaves $350/mo in cash flow. Total monthly income is $1,132/mo, and annual cash flow is $4,196/yr on $39,449 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 11.42% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 160.45% and total cumulative return in cash sums $63,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
8,755 sqft 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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Listed by: Dan Stuckey • Real Estate Advantage Team LLC
Mls Name: NORIS
Mls ID: #6127166
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. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.