3619 State Line Rd, Convoy, OH, 45832 | 4.94% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3619 State Line Rd, Convoy, OH, 45832 | 4.94% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Convoy at 3619 State Line Rd, Convoy, OH, 45832 earns from $1,190/mo rent with a $1,415/mo payment. Total monthly income totals $1,190/mo. ROI tracks 11% on current figures, and rental yield reads 4.94% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 55.59% and total cumulative return in cash sums $53,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,190/mo property income instead of your personal income.

Single Family

Built in 1984

1.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for privacy, and comfort with a full basement!!!!!!!! This home features 4 bedrooms, 2 down stairs and 2 upstairs. A full bathroom downstairs and a half bath between the bedrooms. As you enter the home from the side door you enter into a large eat in kitchen with a pantry and newly remodeled flooring and paint. A large living room for entertaining, down the hall a large master bedroom and a small bedroom/ office. Upstairs there are 2 very large bedrooms and a 1/2 bath with lots of storage. Downstairs and unfinished basement just ready to be finished into a family gathering place. On this Ranch style home there is a wrap around porch, also there is a 32x54 concrete pole barn with heat and electric. this home sits on 1.304 acres back a long lane with several fruit trees apple,peach, pear and a lot of mature trees .This will go fast don't miss out !!!!!!!!!!!!!!!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45832, Convoy, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,129 (100%)
Owner Occupied HU	897 (79.5%)
Renter Occupied HU	142 (12.6%)
Vacant Housing Units	90 ( 8.0%)
Median Home Value	$176,042
Average Home Value	$188,824