








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 Saint Marys at 235 Koenig Rd, Saint Marys, OH, 45885 offers $1,072/mo rent that, after a $783/mo payment, leaves $20/mo cash flow. Total monthly income is $1,072/mo, and annual cash flow is $238/yr on $53,007 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.05% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 105.78% and total cumulative return in cash reaches $56,070. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,072/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,816 (64.8%) |
| Renter Occupied HU | 1,574 (26.7%) |
| Vacant Housing Units | 503 ( 8.5%) |
| Median Home Value | $189,076 |
| Average Home Value | $220,131 |
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $159,900 |
| 2017-05-12 | Sold | $50,000 |
| 2017-04-24 | Pending sale | $59,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-27 | $1444.44 | 14.03% | $38,300 | 27.37% |
| 2022-03-27 | $1266.72 | -0.01% | $30,070 | N/A |
| 2021-03-27 | $1266.90 | -2.79% | $30,070 | N/A |



Listed by: Michael Ross • Way Maker Real Estate Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1037641
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