349 Northway DrSaint MarysOH45885
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 Saint Marys at 349 Northway Dr, Saint Marys, OH, 45885 at $129,000 posts ROI 25.15% with $187/mo cash flow from $1,035/mo rent. Total monthly income equals $1,035/mo, and annual cash flow records $2,242/yr on $42,764 to close. Return on cash invested measures 25.15% and rental yield reads 9.63% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 131.5% and total cumulative return in cash totals $56,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,035/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,816 (64.8%) |
| Renter Occupied HU | 1,574 (26.7%) |
| Vacant Housing Units | 503 ( 8.5%) |
| Median Home Value | $189,076 |
| Average Home Value | $220,131 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
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Nearby investment properties with comparable prices
Listed by: Lindsay Toy Swick • Cisco Realty
Mls Name: WRIST
Mls ID: #1042156