3 Koehn RdSaint MarysOH45885
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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 Saint Marys at 3 Koehn Rd, Saint Marys, OH, 45885 generates $1,700/mo in rent, after a $4,882/mo payment. Total monthly income is $1,700/mo. Return on cash invested sits at 2.29% in year one, and rental yield is 2.05% on a $997,500 entry. Equity gained on principal adds $6,437/yr, while 5% annual appreciation builds toward $275,591 over five years. Five-year ROI reaches 8.81% and total cumulative return in cash sums $28,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
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Listed by: Krista Hubbell • Plus One Professionals
Mls Name: WRIST
Mls ID: #1042870