245 South StQuaker CityOH43773
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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 Quaker City at 245 South St, Quaker City, OH, 43773 priced at $189,900 converts $0/mo rent into after a $929/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.89% in year one, and rental yield reads 0% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1910
2,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43773, Quaker City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 885 (61.3%) |
| Renter Occupied HU | 189 (13.1%) |
| Vacant Housing Units | 370 (25.6%) |
| Median Home Value | $203,421 |
| Average Home Value | $273,435 |
Housing Distribution
Address Breakdown
Residential
1,084
Single Family
1,084
Multi-Family
0
Businesses
51
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No similar rental properties found nearby.
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Listed by: Carol S Cunningham • NextHome New Horizons Equity Realty
Mls Name: MLS Now
Mls ID: #5181073