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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 4638 Us Highway 42, Cardington, OH, 43315 listed at $360,000 pairs $1,044/mo rent with a $1,762/mo payment. Total monthly income runs $1,044/mo. Return on cash invested measures 6.6% in year one, and rental yield registers 3.48% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 31.95% and total cumulative return in cash totals $38,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,044/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
3.30 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 |
|---|---|---|
| 2025-06-25 | Sold | $360,000 |
| 2025-05-31 | Contingent | $349,999 |
| 2025-05-10 | Listed for sale | $349,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa A Cowles • RE/MAX Town Center
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016109
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
