3461 Main StCableOH43009
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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 Cable at 3461 Main St, Cable, OH, 43009 uses $39,780 cash to close to unlock $2,028/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $958/mo, and a $587/mo payment keeps the spread at $169/mo. Purchase price stands at $120,000, and rental yield measures 9.58% with $958/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 130.67% and total cumulative return in cash records $51,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $958/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43009, Cable, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 695 (84.2%) |
| Renter Occupied HU | 92 (11.2%) |
| Vacant Housing Units | 38 ( 4.6%) |
| Median Home Value | $266,860 |
| Average Home Value | $302,094 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
11
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Listed by: Karen Metz • Henderson Land Investment Co.
Mls Name: WRIST
Mls Provider:
Mls ID: #1039034
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.