2484 N Horning Rd, Shelby, OH, 44875 | 7.56% Rental Yield

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2244 sft

88 Sherman Ave, Mansfield, OH, 44906

4 Bed
1 Bath
1610 sft

4417 Beechgrove Rd, Bucyrus, OH, 44820

2 Bed
2 Bath
1568 sft

3 Wedgewood Dr, Willard, OH, 44890

3 Bed
2 Bath
1048 sft

536 Gordon Rd, Mansfield, OH, 44905

Nearby investment properties with comparable prices

4 Bed
2 Bath
1459 sft

1689 Middle Bellville Rd, Mansfield, OH, 44904

Rental Income+ 1 more

4 Bed
2 Bath
- sft

393 W Hanley Rd, Mansfield, OH, 44903

4 Bed
2 Bath
1908 sft

7713 Township Road 64, Caledonia, OH, 43314

3 Bed
2 Bath
1372 sft

728 Villa Dr, Mansfield, OH, 44906

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Shelby at 2484 N Horning Rd, Shelby, OH, 44875 with 5% annual appreciation on a $248,000 basis while $1,562/mo rent supports operations. 9% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,518 alongside rental yield of 7.56%. Five-year ROI measures 97.93% and total cumulative return in cash totals $80,514. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,562/mo property income versus a $1,214/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1842

2.28 Acres lot

$N/A/sqft

No HOA