489 Hedges StTiffinOH44883
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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 Tiffin at 489 Hedges St, Tiffin, OH, 44883 earns from $840/mo rent with a $1,395/mo payment. Total monthly income totals $840/mo. ROI tracks 6.77% on current figures, and rental yield reads 3.54% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 32.9% and total cumulative return in cash sums $31,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Multi Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44883, Tiffin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,679 (100%) |
| Owner Occupied HU | 8,179 (64.5%) |
| Renter Occupied HU | 3,563 (28.1%) |
| Vacant Housing Units | 937 ( 7.4%) |
| Median Home Value | $164,499 |
| Average Home Value | $189,700 |
Housing Distribution
Address Breakdown
Residential
11,811
Single Family
11,174
Multi-Family
637
Businesses
962
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