Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Oberlin at 305 N Prospect St, Oberlin, OH, 44074 offers $954/mo rent that, after a $1,517/mo payment. Total monthly income is $954/mo. Return on cash invested measures 7.24% in year one, and rental yield stands at 3.69% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 35.44% and total cumulative return in cash reaches $36,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $954/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,650 (100%) |
| Owner Occupied HU | 2,752 (59.2%) |
| Renter Occupied HU | 1,413 (30.4%) |
| Vacant Housing Units | 485 (10.4%) |
| Median Home Value | $269,697 |
| Average Home Value | $313,969 |
Residential
4,182
Single Family
3,547
Multi-Family
635
Businesses
407
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Price change | $309,900 |
| 2025-01-03 | Price change | $318,400 |
| 2024-11-11 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2776.94 | 2.66% | $49,130 | N/A |
| 2022-02-15 | $2704.94 | 0.23% | $49,130 | N/A |
| 2021-02-15 | $2698.70 | 7.33% | $49,130 | 14.10% |
Listed by: Selina N Messer • House to Home Real Estate Professionals, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5081920
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
