324 N Columbus St, Crestline, OH, 44827 | $460/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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324 N Columbus St, Crestline, OH, 44827 | $460/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 Crestline at 324 N Columbus St, Crestline, OH, 44827 uses $51,880 cash to close to unlock $5,516/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $766/mo payment keeps the spread at $460/mo. Purchase price stands at $156,500, and rental yield measures 11.83% with $1,543/mo rent. Return on cash invested shows 30.54% in year one, and 5% annual appreciation builds toward $43,238 over five years. Five-year ROI reaches 160.86% and total cumulative return in cash records $83,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $766/mo payment rather than investor’s personal income.

Single Family

Built in 1840

7,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Own a Piece of Crestline History with this 1840 Home that has Original Woodwork & Original Flooring that You Can't Find in Most Homes Today. This 3 Bedroom, 2 Bath Home is Conveniently Located by the Community Library, Local Churches, and Community Park-All Within Walking Distance. 2-Car Detached Garage & 1 of the 2 Garden Sheds have Electric. A/C Unit Replaced in 2023. New Furnace 2022, New Water Softener & Water Heater in 2025. Roof is Older but Owner has Maintained it by Keeping it Leaf & Moss Free, which Contributes to its Great Condition.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44827, Crestline, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,194 (100%)
Owner Occupied HU	2,081 (65.2%)
Renter Occupied HU	889 (27.8%)
Vacant Housing Units	224 ( 7.0%)
Median Home Value	$143,750
Average Home Value	$186,734