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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% |
Investment property for sale in Spencerville at 406 S Mulberry St, Spencerville, OH, 45887 uses $52,709 cash to close to unlock $3,484/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,336/mo, and a $778/mo payment keeps the spread at $290/mo. Purchase price stands at $159,000, and rental yield measures 10.08% with $1,336/mo rent. Return on cash invested shows 26.52% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 138.85% and total cumulative return in cash records $73,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,336/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1948
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45887, Spencerville, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,955 (100%) |
| Owner Occupied HU | 1,484 (75.9%) |
| Renter Occupied HU | 338 (17.3%) |
| Vacant Housing Units | 133 ( 6.8%) |
| Median Home Value | $225,414 |
| Average Home Value | $282,835 |
Residential
1,831
Single Family
1,794
Multi-Family
37
Businesses
104
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lynn Culver • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls ID: #308193
