221 N Market StLodiOH44254
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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
Rental property for sale in Lodi at 221 N Market St, Lodi, OH, 44254 offers $900/mo rent that, after a $978/mo payment. Total monthly income is $900/mo. Return on cash invested measures 12.4% in year one, and rental yield stands at 5.4% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 63.13% and total cumulative return in cash reaches $41,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44254, Lodi, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,616 (69.7%) |
| Renter Occupied HU | 549 (23.7%) |
| Vacant Housing Units | 153 ( 6.6%) |
| Median Home Value | $220,154 |
| Average Home Value | $263,311 |
Housing Distribution
Address Breakdown
Residential
2,209
Single Family
2,114
Multi-Family
95
Businesses
156
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