405 N Wiley StCrestlineOH44827
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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
Investment property for sale in Crestline at 405 N Wiley St, Crestline, OH, 44827 offers a 10.29% rental yield on a $149,900 purchase with $1,285/mo rent. Total monthly income registers $1,285/mo, and a $734/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,561/yr on $49,692 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 141.85% and total cumulative return in cash at $70,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,285/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44827, Crestline, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,194 (100%) |
| Owner Occupied HU | 2,081 (65.2%) |
| Renter Occupied HU | 889 (27.8%) |
| Vacant Housing Units | 224 ( 7.0%) |
| Median Home Value | $143,750 |
| Average Home Value | $186,734 |
Housing Distribution
Address Breakdown
Residential
3,078
Single Family
3,002
Multi-Family
76
Businesses
179
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