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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cardington at 4511 State Route 42, Cardington, OH, 43315 offers a 2.95% rental yield on a $425,000 purchase with $1,044/mo rent. 99% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 23.37% and total cumulative return in cash at $32,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,044/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
2.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43315, Cardington, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,136 (100%) |
| Owner Occupied HU | 2,317 (73.9%) |
| Renter Occupied HU | 590 (18.8%) |
| Vacant Housing Units | 229 ( 7.3%) |
| Median Home Value | $219,834 |
| Average Home Value | $243,825 |
Residential
2,877
Single Family
2,823
Multi-Family
54
Businesses
85
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225029146
