438 High StCareyOH43316
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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 Carey at 438 High St, Carey, OH, 43316 earns $47/mo cash flow from $1,244/mo rent with a $891/mo payment. Total monthly income totals $1,244/mo, and annual cash flow totals $560/yr on $60,333 capital. ROI tracks 20.84% on current figures, and rental yield reads 8.2% at a $182,000 purchase. Equity gained on principal adds $1,174/yr, and 5% annual appreciation supports $50,283 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash sums $65,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,244/mo property income instead of your personal income.
Single Family
Built in 1947
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43316, Carey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,616 (100%) |
| Owner Occupied HU | 1,826 (69.8%) |
| Renter Occupied HU | 556 (21.3%) |
| Vacant Housing Units | 234 ( 8.9%) |
| Median Home Value | $188,131 |
| Average Home Value | $226,943 |
Housing Distribution
Address Breakdown
Residential
2,519
Single Family
2,448
Multi-Family
71
Businesses
151
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