303 N Front St, Alger, OH, 45812 | $181/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Alger at 303 N Front St, Alger, OH, 45812 offers $1,266/mo rent that, after a $807/mo payment, leaves $181/mo cash flow. Total monthly income is $1,266/mo, and annual cash flow is $2,177/yr on $54,664 cash. Return on cash invested measures 23.89% in year one, and rental yield stands at 9.21% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 124.76% and total cumulative return in cash reaches $68,200. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,266/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1953

N/A lot

$N/A/sqft

No HOA