420 N Cherry StPauldingOH45879




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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 Paulding at 420 N Cherry St, Paulding, OH, 45879 with 5% annual appreciation on a $214,900 basis while $722/mo rent supports operations. 26% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,373 alongside rental yield of 4.03%. Five-year ROI measures 40.91% and total cumulative return in cash totals $29,142. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $722/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
10,018 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45879, Paulding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,713 (100%) |
| Owner Occupied HU | 1,749 (64.5%) |
| Renter Occupied HU | 690 (25.4%) |
| Vacant Housing Units | 274 (10.1%) |
| Median Home Value | $150,631 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,576
Multi-Family
19
Businesses
271
Price History
Date | Event | Price |
|---|---|---|
| 2012-05-25 | Sold | $55,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | $1866.12 | 3.00% | $41,580 | N/A |
| 2022-03-13 | $1811.76 | 14.21% | $41,580 | 28.25% |
| 2021-03-13 | $1586.32 | 11.85% | $32,420 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1897
- Architectural Style: N/A
- Building Area: 2,104
- Living Area: 2,104 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: Carpet, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Detached
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: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Warren Straley • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306467
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.








