3390 State Route 309GalionOH44833
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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 Galion at 3390 State Route 309, Galion, OH, 44833 uses $84,533 cash to close to unlock $4,377/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,248/mo payment keeps the spread at $365/mo. Purchase price stands at $255,000, and rental yield measures 9.61% with $2,042/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 131.11% and total cumulative return in cash records $110,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1961
2.22 Acres lot
$N/A/sqft
No HOA
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Listed by: Cheyenne A Peck • Howard Hanna - Main Office
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225027716
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