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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Shelby at 34 Sharon St, Shelby, OH, 44875 with 5% annual appreciation on a $149,900 basis while $1,897/mo rent supports operations. Total monthly income totals $1,897/mo and a $734/mo payment preserves $911/mo for cash returns. Annual cash flow comes to $10,928/yr on $49,692 deployed, and return on cash invested reaches 41.9% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 15.19%. Five-year ROI measures 221.3% and total cumulative return in cash totals $109,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,897/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $149,900 |
| 2023-03-13 | Sold | $136,000 |
| 2023-02-13 | Contingent | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $1175.18 | -0.04% | $27,510 | N/A |
| 2021-10-16 | $1175.62 | -0.09% | $27,510 | N/A |
| 2020-10-16 | $1176.64 | 8.27% | $27,510 | 18.02% |
Listed by: Tina M. Hormell • RE/MAX Quality Realty - Sandus
Mls Name: Firelands MLS
Mls ID: #20243821
Disclaimer: Listing information is deemed reliable, but not guaranteed.
