207 W Main StCorningOH43730
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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 Corning at 207 W Main St, Corning, OH, 43730 priced at $121,700 converts $0/mo rent into after a $596/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.91% in year one, and rental yield reads 0% against a $121,700 entry. Equity gained on principal adds $785/yr, while 5% annual appreciation compiles into $33,623 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $596/mo payment, not borrower’s personal income.
Single Family
Built in 1901
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43730, Corning, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 816 (73.4%) |
| Renter Occupied HU | 170 (15.3%) |
| Vacant Housing Units | 125 (11.3%) |
| Median Home Value | $185,870 |
| Average Home Value | $238,808 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
777
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices