229 Kolbe StNapoleonOH43545
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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 Napoleon at 229 Kolbe St, Napoleon, OH, 43545 uses $49,692 cash to close to unlock $1,664/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $734/mo payment keeps the spread at $139/mo. Purchase price stands at $149,900, and rental yield measures 9.01% with $1,125/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 121.32% and total cumulative return in cash records $60,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1903
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43545, Napoleon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,245 (100%) |
| Owner Occupied HU | 4,492 (71.9%) |
| Renter Occupied HU | 1,381 (22.1%) |
| Vacant Housing Units | 372 ( 6.0%) |
| Median Home Value | $198,633 |
| Average Home Value | $235,280 |
Housing Distribution
Address Breakdown
Residential
6,073
Single Family
5,794
Multi-Family
279
Businesses
497
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