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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 Botkins at 405 S Main St, Botkins, OH, 45306 priced at $209,900 converts $1,442/mo rent into $62/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,442/mo, and annual cash flow totals $740/yr on $69,582 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 8.24% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 109.07% and total cumulative return in cash sums $75,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,442/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45306, Botkins, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 995 (100%) |
| Owner Occupied HU | 770 (77.4%) |
| Renter Occupied HU | 182 (18.3%) |
| Vacant Housing Units | 43 ( 4.3%) |
| Median Home Value | $250,000 |
| Average Home Value | $275,286 |
Residential
512
Single Family
512
Multi-Family
0
Businesses
81
Date | Event | Price |
|---|---|---|
| 2024-10-22 | Price change | $209,900 |
| 2024-10-03 | Price change | $214,900 |
| 2024-09-18 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-20 | $1674.04 | 0.36% | $43,980 | N/A |
| 2021-11-20 | $1668.10 | -1.44% | $43,980 | N/A |
| 2020-11-20 | $1692.44 | N/A | $43,980 | 14.41% |
Listed by: CJ Steinke • Merritt Real Estate Professionals
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305083
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.
