205 N Garfield StMinsterOH45865
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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 Minster at 205 N Garfield St, Minster, OH, 45865 listed at $259,900 pairs $1,530/mo rent with a $1,272/mo payment. Total monthly income runs $1,530/mo. Return on cash invested measures 17.41% in year one, and rental yield registers 7.06% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 89.97% and total cumulative return in cash totals $77,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,530/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45865, Minster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,036 (100%) |
| Owner Occupied HU | 1,604 (78.8%) |
| Renter Occupied HU | 299 (14.7%) |
| Vacant Housing Units | 133 ( 6.5%) |
| Median Home Value | $303,768 |
| Average Home Value | $357,322 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
2,029
Multi-Family
0
Businesses
210
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