371 E Market StTiffinOH44883
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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 Tiffin at 371 E Market St, Tiffin, OH, 44883 uses $36,465 cash to close to unlock $10,486/yr annual cash flow and $874/mo monthly cash flow. Total monthly income runs $1,597/mo, and a $538/mo payment keeps the spread at $874/mo. Purchase price stands at $110,000, and rental yield measures 17.42% with $1,597/mo rent. Return on cash invested shows 48.67% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 257.6% and total cumulative return in cash records $93,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,597/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1890
6,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44883, Tiffin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,679 (100%) |
| Owner Occupied HU | 8,179 (64.5%) |
| Renter Occupied HU | 3,563 (28.1%) |
| Vacant Housing Units | 937 ( 7.4%) |
| Median Home Value | $164,499 |
| Average Home Value | $189,700 |
Housing Distribution
Address Breakdown
Residential
11,811
Single Family
11,174
Multi-Family
637
Businesses
962
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