404 S Washington St, Castalia, OH, 44824 | $26/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1728 sft

625 Ames St, Clyde, OH, 43410

- Bed
- Bath
1590 sft

5850 E Harbor Rd #C1, Lakeside Marblehead, OH, 43440

2 Bed
2 Bath
924 sft

35 E Bass Cir, Marblehead, OH, 43440

2 Bed
1 Bath
1112 sft

612 Bennett Ave, Sandusky, OH, 44870

Nearby investment properties with comparable prices

1 Bed
- Bath
250 sft

2200 S Harborview Dr #45, Marblehead, OH, 43440

3 Bed
1 Bath
976 sft

124 Sunset Dr, Bellevue, OH, 44811

4 Bed
2 Bath
1647 sft

1302 W Larchmont Dr, Sandusky, OH, 44870

3 Bed
2 Bath
1512 sft

8617 Hayes Ave #8621, Sandusky, OH, 44870

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Castalia at 404 S Washington St, Castalia, OH, 44824 earns $26/mo cash flow from $1,539/mo rent with a $1,126/mo payment. Total monthly income totals $1,539/mo, and annual cash flow totals $310/yr on $76,245 capital. ROI tracks 20.32% on current figures, and rental yield reads 8.03% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 105.54% and total cumulative return in cash sums $80,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,539/mo property income instead of your personal income.

Single Family

Built in 1958

8,276 sqft lot

$N/A/sqft

No HOA