214 Meekison StNapoleonOH43545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Napoleon at 214 Meekison St, Napoleon, OH, 43545 generates $1,780/mo in rent and, after a $979/mo payment, leaves $464/mo in cash flow. Total monthly income is $1,780/mo, and annual cash flow is $5,572/yr on $66,300 invested. Return on cash invested sits at 28.31% in year one, and rental yield is 10.68% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 148.48% and total cumulative return in cash sums $98,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,780/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.55 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 43545, Napoleon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,245 (100%) |
| Owner Occupied HU | 4,492 (71.9%) |
| Renter Occupied HU | 1,381 (22.1%) |
| Vacant Housing Units | 372 ( 6.0%) |
| Median Home Value | $198,633 |
| Average Home Value | $235,280 |
Housing Distribution
Address Breakdown
Residential
6,073
Single Family
5,794
Multi-Family
279
Businesses
497
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Pending sale | $220,000 |
| 2025-06-30 | Sold | $200,000 |
| 2025-05-29 | Contingent | $220,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2025.80 | -2.09% | $53,530 | 15.77% |
| 2022-10-16 | $2068.94 | -4.96% | $46,240 | N/A |
| 2021-10-16 | $2176.82 | 10.47% | $46,240 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1948
- Architectural Style: Traditional
- Building Area: 1,850
- Living Area: 1,850 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: Carpet, Laminate
- Interior Features: Primary Bathroom
- Exterior Features: N/A
- Parking Features: Gravel, Off Street, Driveway
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Napoleon
- Middle School: N/A
- High School: Napoleon
Listed by: Gary A. Butler • Butler Real Estate LLC
Mls Name: NORIS
Mls ID: #6129348
Disclaimer: Listing 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. 2025 NORIS. All rights reserved.