308 Middle StArchboldOH43502
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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
Investment Highlights
Investment property for sale in Archbold at 308 Middle St, Archbold, OH, 43502 listed at $194,900 pairs $2,953/mo rent with a $954/mo payment to leave $1,671/mo cash flow. Total monthly income runs $2,953/mo, and annual cash flow reaches $20,051/yr on $64,609 cash to close. Return on cash invested measures 50.94% in year one, and rental yield registers 18.18% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 269.76% and total cumulative return in cash totals $174,291. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,953/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
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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Listed by: Peggy Vega • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6116388
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. 2024 NORIS. All rights reserved.