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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lagrange at 217 W Main St, Lagrange, OH, 44050 listed at $299,990 pairs $1,680/mo rent with a $1,468/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 16.37% in year one, and rental yield registers 6.72% at a $299,990 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,882 by year five. Five-year ROI tracks 84.45% and total cumulative return in cash totals $83,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $299,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2986.70 | 0.65% | $57,720 | N/A |
| 2022-10-14 | $2967.40 | -0.04% | $57,720 | N/A |
| 2021-10-14 | $2968.50 | 9.62% | $57,720 | 22.99% |
Listed by: Mark G Fetterman • RE/MAX Transitions
Mls Name: MLS Now
Mls Provider:
Mls ID: #5076393
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
