309 S Main StWalbridgeOH43465
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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
Rental property for sale in Walbridge at 309 S Main St, Walbridge, OH, 43465 offers $1,322/mo rent that, after a $1,101/mo payment. Total monthly income is $1,322/mo. Return on cash invested measures 17.37% in year one, and rental yield stands at 7.05% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 89.79% and total cumulative return in cash reaches $66,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,322/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43465, Walbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,877 (68.6%) |
| Renter Occupied HU | 655 (23.9%) |
| Vacant Housing Units | 206 ( 7.5%) |
| Median Home Value | $156,226 |
| Average Home Value | $155,121 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,368
Multi-Family
370
Businesses
118
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Listed by: Heidi Jenkins • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6133849
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. 2025 NORIS. All rights reserved.