210 S Front StAlgerOH45812
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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 Alger at 210 S Front St, Alger, OH, 45812 uses $36,134 cash to close to unlock $1,374/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $832/mo, and a $534/mo payment keeps the spread at $115/mo. Purchase price stands at $109,000, and rental yield measures 9.16% with $832/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 123.8% and total cumulative return in cash records $44,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $832/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
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Listed by: Michael Blose • Red 1 Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305912
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