221 E Pearl StFindlayOH45840
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
Investment property for sale in Findlay at 221 E Pearl St, Findlay, OH, 45840 uses $71,239 cash to close to unlock $6,075/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,052/mo payment keeps the spread at $506/mo. Purchase price stands at $214,900, and rental yield measures 10.72% with $1,920/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 149.13% and total cumulative return in cash records $106,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roberta Buzzard • Sluss Realty Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304852
Disclaimer: IDX 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.