405 S Union StGalionOH44833
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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 Galion at 405 S Union St, Galion, OH, 44833 offers a 11.85% rental yield on a $210,000 purchase with $2,074/mo rent. Total monthly income registers $2,074/mo, and a $1,028/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,824/yr on $69,615 to close, and return on cash invested stands at 28.27% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 149.56% and total cumulative return in cash at $104,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,074/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Candace L Bowlin • Bowlin Real Estate LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #223021466
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