423 S Stearns AveDeshlerOH43516
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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 Deshler at 423 S Stearns Ave, Deshler, OH, 43516 generates $1,050/mo in rent and, after a $680/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,050/mo, and annual cash flow is $1,632/yr on $46,079 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.06% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash sums $56,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1871
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43516, Deshler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 943 (78.3%) |
| Renter Occupied HU | 198 (16.4%) |
| Vacant Housing Units | 64 ( 5.3%) |
| Median Home Value | $167,996 |
| Average Home Value | $208,303 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,109
Multi-Family
42
Businesses
81
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