424 S Perry StNapoleonOH43545
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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 Napoleon at 424 S Perry St, Napoleon, OH, 43545 priced at $137,000 converts $1,095/mo rent into $193/mo cash flow after a $671/mo obligation. Total monthly income equals $1,095/mo, and annual cash flow totals $2,321/yr on $45,416 invested. Return on cash invested prints 25.02% in year one, and rental yield reads 9.59% against a $137,000 entry. Equity gained on principal adds $884/yr, while 5% annual appreciation compiles into $37,851 by year five. Five-year ROI reaches 130.83% and total cumulative return in cash sums $59,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,095/mo property income covering a $671/mo payment, not borrower’s personal income.
Single Family
Built in 1925
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43545, Napoleon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,245 (100%) |
| Owner Occupied HU | 4,492 (71.9%) |
| Renter Occupied HU | 1,381 (22.1%) |
| Vacant Housing Units | 372 ( 6.0%) |
| Median Home Value | $198,633 |
| Average Home Value | $235,280 |
Housing Distribution
Address Breakdown
Residential
6,073
Single Family
5,794
Multi-Family
279
Businesses
497
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