310 Stryker 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 310 Stryker St, Archbold, OH, 43502 uses $62,952 cash to close to unlock $32,104/yr annual cash flow and $2,675/mo monthly cash flow. Total monthly income runs $3,924/mo, and a $929/mo payment keeps the spread at $2,675/mo. Purchase price stands at $189,900, and rental yield measures 24.8% with $3,924/mo rent. Return on cash invested shows 70.91% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 376.87% and total cumulative return in cash records $237,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,924/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.34 Acres 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: #6116846
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.