328 S Main StRidgewayOH43345
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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 Ridgeway at 328 S Main St, Ridgeway, OH, 43345 at $234,500 posts ROI 29.19% with $601/mo cash flow from $2,144/mo rent. Total monthly income equals $2,144/mo, and annual cash flow records $7,215/yr on $77,737 to close. Return on cash invested measures 29.19% and rental yield reads 10.97% at the current $234,500. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,788 by year five. Five-year ROI prints 153.17% and total cumulative return in cash totals $119,068.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43345, Ridgeway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 362 (100%) |
| Owner Occupied HU | 293 (80.9%) |
| Renter Occupied HU | 39 (10.8%) |
| Vacant Housing Units | 30 ( 8.3%) |
| Median Home Value | $216,776 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
10
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