435 N Main StColumbianaOH44408
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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 Columbiana at 435 N Main St, Columbiana, OH, 44408 priced at $269,000 converts $2,148/mo rent into $378/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,148/mo, and annual cash flow totals $4,538/yr on $89,174 invested. Return on cash invested prints 25% in year one, and rental yield reads 9.58% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 130.69% and total cumulative return in cash sums $116,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,148/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44408, Columbiana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,123 (100%) |
| Owner Occupied HU | 3,613 (70.5%) |
| Renter Occupied HU | 1,188 (23.2%) |
| Vacant Housing Units | 322 ( 6.3%) |
| Median Home Value | $227,749 |
| Average Home Value | $249,961 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,442
Multi-Family
378
Businesses
492
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Listed by: Mary Lou Malloy • Howard Hanna
Mls Name: MLS Now
Mls ID: #5143346