208 N Washington St, Castalia, OH, 44824 | $235/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Castalia at 208 N Washington St, Castalia, OH, 44824 with 5% annual appreciation on a $249,000 basis while $1,873/mo rent supports operations. Total monthly income totals $1,873/mo and a $1,219/mo payment preserves $235/mo for cash returns. Annual cash flow comes to $2,818/yr on $82,544 deployed, and return on cash invested reaches 23.32% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 9.03%. Five-year ROI measures 121.66% and total cumulative return in cash totals $100,424.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,873/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1896

0.51 Acres lot

$N/A/sqft

No HOA