203 N Walnut StGalenaOH43021
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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 Galena at 203 N Walnut St, Galena, OH, 43021 offers $3,360/mo rent that, after a $1,950/mo payment, leaves $739/mo cash flow. Total monthly income is $3,360/mo, and annual cash flow is $8,870/yr on $132,103 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 10.12% at a $398,500 entry. Equity gained on principal adds $2,571/yr while 5% annual appreciation compounds into $110,098 by year five. Five-year ROI records 139.38% and total cumulative return in cash reaches $184,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $1,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43021, Galena, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 4,755 (92.7%) |
| Renter Occupied HU | 211 ( 4.1%) |
| Vacant Housing Units | 162 ( 3.2%) |
| Median Home Value | $582,576 |
| Average Home Value | $594,362 |
Housing Distribution
Address Breakdown
Residential
5,403
Single Family
5,403
Multi-Family
0
Businesses
147
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