365 Cardinal StApple CreekOH44606
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
Rental property for sale in Apple Creek at 365 Cardinal St, Apple Creek, OH, 44606 generates $1,438/mo in rent and, after a $822/mo payment, leaves $333/mo in cash flow. Total monthly income is $1,438/mo, and annual cash flow is $3,998/yr on $55,692 invested. Return on cash invested sits at 27.09% in year one, and rental yield is 10.27% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash sums $79,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
10,541 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44606, Apple Creek, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,519 (100%) |
| Owner Occupied HU | 1,912 (75.9%) |
| Renter Occupied HU | 493 (19.6%) |
| Vacant Housing Units | 114 ( 4.5%) |
| Median Home Value | $337,288 |
| Average Home Value | $433,101 |
Housing Distribution
Address Breakdown
Residential
2,353
Single Family
2,353
Multi-Family
0
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Emerson • Wilson Family Realty Corp
Mls Name: MAR
Mls Provider:
Mls ID: #9061676
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.