215 West StColumbus GroveOH45830
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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 Columbus Grove at 215 West St, Columbus Grove, OH, 45830 listed at $225,000 pairs $1,022/mo rent with a $1,101/mo payment. Total monthly income runs $1,022/mo. Return on cash invested measures 12.54% in year one, and rental yield registers 5.45% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 63.92% and total cumulative return in cash totals $47,673. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45830, Columbus Grove, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,937 (80.0%) |
| Renter Occupied HU | 326 (13.5%) |
| Vacant Housing Units | 157 ( 6.5%) |
| Median Home Value | $216,322 |
| Average Home Value | $242,332 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,279
Multi-Family
0
Businesses
99
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Listed by: Melissa Reed • Key Realty
Mls Name: NORIS
Mls ID: #10002909