3 N County Road 15Green SpringsOH44836
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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 Green Springs at 3 N County Road 15, Green Springs, OH, 44836 generates $1,064/mo in rent and, after a $680/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,064/mo, and annual cash flow is $1,800/yr on $46,079 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 9.19% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 124.42% and total cumulative return in cash sums $57,332. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,064/mo property income rather than buyer’s personal income.
Lot
Built in N/A
6.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44836, Green Springs, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 790 (74.9%) |
| Renter Occupied HU | 167 (15.8%) |
| Vacant Housing Units | 98 ( 9.3%) |
| Median Home Value | $175,746 |
| Average Home Value | $186,877 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
49
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Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20242620
Disclaimer: Listing information is deemed reliable, but not guaranteed.