204 N Main StOhio CityOH45874
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 204 N Main St, Ohio City, OH, 45874 in Ohio City hard to pass up. The 16.62% gross yield on a $129,000 purchase results in $1,787/mo in rent and $919/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.08). Annual cash flow of $11,031, five-year appreciation of $35,640, and $1,188/yr in equity build-up combine for a projected total cumulative return of $108,396.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.6% | 6.2% |
| Monthly Cash Flow | $919 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,787 |
| Total Monthly Debt Service | $816 |
| DSCR Ratio | 2.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45874, Ohio City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 737 (79.4%) |
| Renter Occupied HU | 118 (12.7%) |
| Vacant Housing Units | 73 ( 7.9%) |
| Median Home Value | $156,105 |
| Average Home Value | $183,009 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45874, Ohio City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 737 (79.4%) |
| Renter Occupied HU | 118 (12.7%) |
| Vacant Housing Units | 73 ( 7.9%) |
| Median Home Value | $156,105 |
| Average Home Value | $183,009 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Brecht • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307370
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.