314 Lester St, Castalia, OH, 44824 | $160/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Castalia at 314 Lester St, Castalia, OH, 44824 priced at $168,500 converts $1,269/mo rent into $160/mo cash flow after a $825/mo obligation. Total monthly income equals $1,269/mo, and annual cash flow totals $1,924/yr on $55,858 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 9.04% against a $168,500 entry. Equity gained on principal adds $1,087/yr, while 5% annual appreciation compiles into $46,553 by year five. Five-year ROI reaches 121.86% and total cumulative return in cash sums $68,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,269/mo property income covering a $825/mo payment, not borrower’s personal income.

Single Family

Built in 1960

7,448 sqft lot

$N/A/sqft

No HOA