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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ohio City at 207 E Hoffman St, Ohio City, OH, 45874 uses $54,698 cash to close to unlock $4,707/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $808/mo payment keeps the spread at $392/mo. Purchase price stands at $165,000, and rental yield measures 10.75% with $1,478/mo rent. Return on cash invested shows 28.51% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 149.58% and total cumulative return in cash records $81,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1987
7,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45874, Ohio City, OH area.
| 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 |
Residential
800
Single Family
800
Multi-Family
0
Businesses
24
Date | Event | Price |
|---|---|---|
| 2021-01-30 | Sold | $60,000 |
| 2020-12-14 | Pending sale | $62,900 |
| 2020-10-30 | Listed for sale | $62,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $2204.12 | -2.08% | $29,310 | N/A |
| 2023-09-19 | $2251.00 | 25.14% | $29,310 | 27.99% |
| 2022-09-19 | $1798.80 | 1.49% | $22,900 | N/A |
Listed by: Devin Sanchez • Bee Gee Realty & Auction Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308263
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.
