204 S Broadway StColumbus GroveOH45830
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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
Investment property for sale in Columbus Grove at 204 S Broadway St, Columbus Grove, OH, 45830 at $149,500 posts ROI 25.07% with $213/mo cash flow from $1,197/mo rent. Total monthly income equals $1,197/mo, and annual cash flow records $2,560/yr on $49,559 to close. Return on cash invested measures 25.07% and rental yield reads 9.61% at the current $149,500. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 by year five. Five-year ROI prints 131.13% and total cumulative return in cash totals $64,985.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,197/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45830, Columbus Grove, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,937 (80.0%) |
| Renter Occupied HU | 326 (13.5%) |
| Vacant Housing Units | 157 ( 6.5%) |
| Median Home Value | $216,322 |
| Average Home Value | $242,332 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,279
Multi-Family
0
Businesses
99
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Listed by: Shawna S. Williams • Key Realty
Mls Name: NORIS
Mls ID: #10002679