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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spencerville at 3040 S Conant Rd, Spencerville, OH, 45887 at $595,000 posts ROI 14.59% with from $3,022/mo rent. Total monthly income equals $3,022/mo. Return on cash invested measures 14.59% and rental yield reads 6.09% at the current $595,000. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 by year five. Five-year ROI prints 74.84% and total cumulative return in cash totals $146,498. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,022/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
5.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45887, Spencerville, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,955 (100%) |
| Owner Occupied HU | 1,484 (75.9%) |
| Renter Occupied HU | 338 (17.3%) |
| Vacant Housing Units | 133 ( 6.8%) |
| Median Home Value | $225,414 |
| Average Home Value | $282,835 |
Residential
1,831
Single Family
1,794
Multi-Family
37
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-03-18 | Price change | $595,000 |
| 2023-08-03 | Listed for sale | $569,000 |
| 2012-03-01 | Sold | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $4459.83 | -5.09% | $143,930 | N/A |
| 2022-03-19 | $4699.00 | 0.26% | $143,930 | N/A |
| 2021-03-19 | $4686.66 | 7.36% | $143,930 | 12.63% |
Listed by: Jaylene Smith • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306520
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
