314 N High StColumbus GroveOH45830
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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 Columbus Grove at 314 N High St, Columbus Grove, OH, 45830 earns $282/mo cash flow from $1,596/mo rent with a $978/mo payment. Total monthly income totals $1,596/mo, and annual cash flow totals $3,378/yr on $66,267 capital. ROI tracks 25.01% on current figures, and rental yield reads 9.58% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash sums $86,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,596/mo property income instead of your personal income.
Single Family
Built in 1964
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45830, Columbus Grove, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,937 (80.0%) |
| Renter Occupied HU | 326 (13.5%) |
| Vacant Housing Units | 157 ( 6.5%) |
| Median Home Value | $216,322 |
| Average Home Value | $242,332 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,279
Multi-Family
0
Businesses
99
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Listed by: Daniel T Irwin • New Concept Realty
Mls Name: NORIS
Mls ID: #10002595