320 S Walnut StCelinaOH45822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Celina at 320 S Walnut St, Celina, OH, 45822 priced at $117,500 converts $1,192/mo rent into $419/mo cash flow after a $575/mo obligation. Total monthly income equals $1,192/mo, and annual cash flow totals $5,031/yr on $38,951 invested. Return on cash invested prints 32.82% in year one, and rental yield reads 12.17% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. Five-year ROI reaches 172.74% and total cumulative return in cash sums $67,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,192/mo property income covering a $575/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45822, Celina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,648 (100%) |
| Owner Occupied HU | 6,178 (64.0%) |
| Renter Occupied HU | 2,237 (23.2%) |
| Vacant Housing Units | 1,233 (12.8%) |
| Median Home Value | $224,874 |
| Average Home Value | $265,641 |
Housing Distribution
Address Breakdown
Residential
8,605
Single Family
8,358
Multi-Family
247
Businesses
661
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Dammeyer • Gray Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1035948
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.