462 Columbia RdValley CityOH44280
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Valley City at 462 Columbia Rd, Valley City, OH, 44280 priced at $377,500 pairs $2,378/mo rent with after a $1,848/mo payment. Total monthly income equals $2,378/mo. Return on cash invested is 18.9% in year one, and rental yield stands at 7.56% on a $377,500 basis. Equity gained on principal adds $2,436/yr, and 5% annual appreciation accumulates to $104,296 by year five. Five-year ROI measures 97.94% and total cumulative return in cash reaches $122,564. For financing, Ziffy Mortgage’s DSCR program evaluates $2,378/mo property income against a $1,848/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44280, Valley City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 2,068 (85.7%) |
| Renter Occupied HU | 256 (10.6%) |
| Vacant Housing Units | 88 ( 3.6%) |
| Median Home Value | $419,739 |
| Average Home Value | $470,305 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Borling • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5055472
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.