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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% |
Rental property for sale in Findlay at 231 E Eagle St, Findlay, OH, 45840 priced at $199,999 converts $1,674/mo rent into $358/mo cash flow after a $979/mo obligation. Total monthly income equals $1,674/mo, and annual cash flow totals $4,300/yr on $66,300 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 10.04% against a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 138.18% and total cumulative return in cash sums $91,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,674/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
| 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 |
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $199,999 |
| 2024-09-26 | Contingent | $199,999 |
| 2024-09-16 | Price change | $199,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1348.78 | 0.35% | $37,910 | N/A |
| 2022-10-16 | $1344.06 | 0.07% | $37,910 | 14.88% |
| 2021-10-16 | $1343.14 | 0.01% | $33,000 | N/A |
Listed by: Meghan Affholder • Coldwell Banker Flag City
Mls Name: NORIS
Mls ID: #6119940
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. 2024 NORIS. All rights reserved.
