232 Prentiss AveFindlayOH45840
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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 Findlay at 232 Prentiss Ave, Findlay, OH, 45840 offers $1,495/mo rent that, after a $832/mo payment, leaves $377/mo cash flow. Total monthly income is $1,495/mo, and annual cash flow is $4,524/yr on $56,322 cash. Return on cash invested measures 27.94% in year one, and rental yield stands at 10.56% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 146.42% and total cumulative return in cash reaches $82,466. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,495/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.25 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
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