229 E Main StGirardOH44420
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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 Girard at 229 E Main St, Girard, OH, 44420 at $169,900 posts ROI 24.77% with $228/mo cash flow from $1,346/mo rent. Total monthly income equals $1,346/mo, and annual cash flow records $2,736/yr on $56,322 to close. Return on cash invested measures 24.77% and rental yield reads 9.51% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 129.4% and total cumulative return in cash totals $72,878.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,346/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1901
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44420, Girard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,526 (63.1%) |
| Renter Occupied HU | 2,048 (28.5%) |
| Vacant Housing Units | 602 ( 8.4%) |
| Median Home Value | $130,324 |
| Average Home Value | $183,521 |
Housing Distribution
Address Breakdown
Residential
6,693
Single Family
5,946
Multi-Family
747
Businesses
459
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