245 E Findlay StVaughnsvilleOH45893
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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 Vaughnsville at 245 E Findlay St, Vaughnsville, OH, 45893 priced at $185,000 pairs $1,212/mo rent with after a $905/mo payment. Total monthly income equals $1,212/mo. Return on cash invested is 19.82% in year one, and rental yield stands at 7.86% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 102.91% and total cumulative return in cash reaches $63,111. For financing, Ziffy Mortgage’s DSCR program evaluates $1,212/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45893, Vaughnsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 91 (80.5%) |
| Renter Occupied HU | 9 ( 8.0%) |
| Vacant Housing Units | 13 (11.5%) |
| Median Home Value | $164,167 |
| Average Home Value | $197,995 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: Seth Ciminillo • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls ID: #308089