320 State St, Edison, OH, 43320 | $136/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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320 State St, Edison, OH, 43320 | $136/mo Cash Flow | Ziffy

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

Investment property for sale in Edison at 320 State St, Edison, OH, 43320 earns $136/mo cash flow from $1,320/mo rent with a $881/mo payment. Total monthly income totals $1,320/mo, and annual cash flow totals $1,634/yr on $59,637 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.8% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 118.13% and total cumulative return in cash sums $70,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Look at all this character! This home has so much to offer including a garage, a fenced in yard, patio and masonry courtyard for privacy and entertaining. Inside the home, you have 3 to 4 bedrooms, 1 bath. Let's not forget about the additional 2-story garage that has finished loft with a kitchen and living room area. Plus, on the main floor an office or family room and bath. This could be extra income as an apartment. or an In-law suite. This home is about 15 min.to State Route 23 and about the same distance to Highway 71. Seller is selling home AS IS. Will not make any repairs.