314 E 2nd StPerrysburgOH43551
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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 Perrysburg at 314 E 2nd St, Perrysburg, OH, 43551 uses $112,710 cash to close to unlock $1,964/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,664/mo payment keeps the spread at $164/mo. Purchase price stands at $340,000, and rental yield measures 8.47% with $2,400/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 112.7% and total cumulative return in cash records $127,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
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Listed by: Mona Qaimari • The Danberry Co.
Mls Name: NORIS
Mls ID: #6135231