301 Lester St,Castalia,OH,44824

Investment Highlights

Investment property for sale in Castalia at 301 Lester St, Castalia, OH, 44824 with 5% annual appreciation on a $114,900 basis while $1,014/mo rent supports operations. Total monthly income totals $1,014/mo and a $562/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,103/yr on $38,089 deployed, and return on cash invested reaches 28.06% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 10.59%. Five-year ROI measures 147.07% and total cumulative return in cash totals $56,018.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,014/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.