500 E Main StCridersvilleOH45806
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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 Cridersville at 500 E Main St, Cridersville, OH, 45806 uses $66,300 cash to close to unlock $2,728/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $979/mo payment keeps the spread at $227/mo. Purchase price stands at $200,000, and rental yield measures 9.26% with $1,543/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 125.48% and total cumulative return in cash records $83,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1928
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
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Listed by: Kristi Bayhan • Key Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1041078
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.