301 N Pointe DrArchboldOH43502
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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 Archbold at 301 N Pointe Dr, Archbold, OH, 43502 priced at $319,900 converts $2,965/mo rent into $861/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,965/mo, and annual cash flow totals $10,326/yr on $106,047 invested. Return on cash invested prints 29.65% in year one, and rental yield reads 11.12% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 155.58% and total cumulative return in cash sums $164,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,965/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43502, Archbold, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,215 (72.3%) |
| Renter Occupied HU | 683 (22.3%) |
| Vacant Housing Units | 164 ( 5.4%) |
| Median Home Value | $190,388 |
| Average Home Value | $215,561 |
Housing Distribution
Address Breakdown
Residential
2,910
Single Family
2,777
Multi-Family
133
Businesses
308
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