307 Middle StArchboldOH43502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 307 Middle St, Archbold, OH, 43502 offers $1,883/mo rent that, after a $930/mo payment, leaves $633/mo cash flow. Total monthly income is $1,883/mo, and annual cash flow is $7,598/yr on $62,985 cash. Return on cash invested measures 31.97% in year one, and rental yield stands at 11.89% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 168.12% and total cumulative return in cash reaches $105,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,883/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
8,712 sqft 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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