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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Shelby at 4030 Shoup Rd, Shelby, OH, 44875 priced at $321,500 converts $1,748/mo rent into after a $1,574/mo obligation. Total monthly income equals $1,748/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 6.52% against a $321,500 entry. Equity gained on principal adds $2,075/yr, while 5% annual appreciation compiles into $88,825 by year five. Five-year ROI reaches 81.19% and total cumulative return in cash sums $86,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,748/mo property income covering a $1,574/mo payment, not borrower’s personal income.
Single Family
Built in 1993
10 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Sold | $321,500 |
| 2025-06-11 | Pending sale | $329,000 |
| 2025-05-31 | Price change | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-25 | $2580.72 | 17.01% | $74,850 | 28.15% |
| 2022-10-25 | $2205.64 | -0.06% | $58,410 | N/A |
| 2021-10-25 | $2206.90 | -0.09% | $58,410 | N/A |
Listed by: Charles D. Miller • Charles Miller & Associates
Mls Name: MAR
Mls Provider:
Mls ID: #9066971
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
