260 W 2nd StFort JenningsOH45844
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 260 W 2nd St, Fort Jennings, OH, 45844 in Fort Jennings worth modelling. At $299,000 with a 8.65% gross yield, the $2,155/mo rent leaves $188/mo after the $1,344/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.60 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $82,608 by year five; $2,754/yr in principal reduction adds further equity. Total projected return: $126,024.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $188 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $1,848 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45844, Fort Jennings, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 1,104 (86.0%) |
| Renter Occupied HU | 131 (10.2%) |
| Vacant Housing Units | 48 ( 3.7%) |
| Median Home Value | $269,302 |
| Average Home Value | $281,927 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,138
Multi-Family
14
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45844, Fort Jennings, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 1,104 (86.0%) |
| Renter Occupied HU | 131 (10.2%) |
| Vacant Housing Units | 48 ( 3.7%) |
| Median Home Value | $269,302 |
| Average Home Value | $281,927 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,138
Multi-Family
14
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meghann Myers • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306230
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.