325 S Patterson StCareyOH43316
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
Investment property for sale in Carey at 325 S Patterson St, Carey, OH, 43316 listed at $169,900 pairs $1,417/mo rent with a $832/mo payment to leave $299/mo cash flow. Total monthly income runs $1,417/mo, and annual cash flow reaches $3,588/yr on $56,322 cash to close. Return on cash invested measures 26.28% in year one, and rental yield registers 10.01% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 137.51% and total cumulative return in cash totals $77,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,417/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43316, Carey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,616 (100%) |
| Owner Occupied HU | 1,826 (69.8%) |
| Renter Occupied HU | 556 (21.3%) |
| Vacant Housing Units | 234 ( 8.9%) |
| Median Home Value | $188,131 |
| Average Home Value | $226,943 |
Housing Distribution
Address Breakdown
Residential
2,519
Single Family
2,448
Multi-Family
71
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Gossman • Key Realty
Mls Name: NORIS
Mls ID: #6126887
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. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.