404 W Sugar StLeipsicOH45856
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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 Leipsic at 404 W Sugar St, Leipsic, OH, 45856 offers a 0% rental yield on a $199,900 purchase with $0/mo rent. 89% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,546 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45856, Leipsic, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,437 (72.5%) |
| Renter Occupied HU | 342 (17.3%) |
| Vacant Housing Units | 203 (10.2%) |
| Median Home Value | $178,427 |
| Average Home Value | $232,724 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
96
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $199,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 2,134 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Asphalt, Attached, Concrete, Carport, Driveway, Garage, Garage Door Opener
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Leipsic
- Middle School: N/A
- High School: Leipsic
Listed by: Grace Mangas • New Concept Realty LTD
Mls Name: NORIS
Mls ID: #6128129
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.