421 Edinborough DrFindlayOH45840
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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
Rental property for sale in Findlay at 421 Edinborough Dr, Findlay, OH, 45840 priced at $199,900 converts $1,504/mo rent into $190/mo cash flow after a $978/mo obligation. Total monthly income equals $1,504/mo, and annual cash flow totals $2,274/yr on $66,267 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 9.03% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 121.8% and total cumulative return in cash sums $80,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,504/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1968
6,499 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-24 | Listed for sale | $199,900 |
| 2025-02-19 | Contingent | $199,900 |
| 2024-11-23 | Listed for sale | $199,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $1777.54 | 0.35% | $48,680 | N/A |
| 2022-04-02 | $1771.28 | 8.91% | $48,680 | 21.82% |
| 2021-04-02 | $1626.44 | 0.01% | $39,960 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1968
- Architectural Style: Traditional,One Story
- Building Area: N/A
- Living Area: 1,325 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Asphalt, Driveway, Garage
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: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Findlay Elementary Schools
- Middle School: N/A
- High School: Findlay
Listed by: Sherry Sullivan • Key Realty
Mls Name: NORIS
Mls ID: #6127799
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. 2025 NORIS. All rights reserved.