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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% |
Rental property for sale in Mendon at 307 W Walnut St, Mendon, OH, 45862 priced at $132,000 pairs $989/mo rent with $121/mo cash flow after a $646/mo payment. Total monthly income equals $989/mo, and annual cash flow comes to $1,450/yr on $43,758 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 8.99% on a $132,000 basis. Equity gained on principal adds $852/yr, and 5% annual appreciation accumulates to $36,469 by year five. Five-year ROI measures 121.15% and total cumulative return in cash reaches $53,011. For financing, Ziffy Mortgage’s DSCR program evaluates $989/mo property income against a $646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45862, Mendon, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 442 (75.3%) |
| Renter Occupied HU | 89 (15.2%) |
| Vacant Housing Units | 56 ( 9.5%) |
| Median Home Value | $154,762 |
| Average Home Value | $195,984 |
Residential
459
Single Family
459
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $132,000 |
| 2019-04-24 | Sold | $79,900 |
| 2019-03-30 | Pending sale | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-28 | $771.50 | 8.01% | $21,530 | 36.35% |
| 2022-05-28 | $714.28 | 0.60% | $15,790 | N/A |
| 2021-05-28 | $710.04 | -1.32% | $15,790 | N/A |
Listed by: Kylie Lotz • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307176
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.
