316 N High StCaledoniaOH43314
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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 Caledonia at 316 N High St, Caledonia, OH, 43314 with 5% annual appreciation on a $175,000 basis while $1,634/mo rent supports operations. Total monthly income totals $1,634/mo and a $857/mo payment preserves $482/mo for cash returns. Annual cash flow comes to $5,789/yr on $58,013 deployed, and return on cash invested reaches 29.89% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.2%. Five-year ROI measures 156.91% and total cumulative return in cash totals $91,027.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,634/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1892
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43314, Caledonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 973 (75.1%) |
| Renter Occupied HU | 227 (17.5%) |
| Vacant Housing Units | 95 ( 7.3%) |
| Median Home Value | $202,725 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,009
Multi-Family
41
Businesses
44
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