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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 Columbus Grove at 501 S Broadway St, Columbus Grove, OH, 45830 with 5% annual appreciation on a $224,900 basis while $1,638/mo rent supports operations. Total monthly income totals $1,638/mo and a $1,101/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,901/yr on $74,554 deployed, and return on cash invested reaches 22.46% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 8.74%. Five-year ROI measures 117.07% and total cumulative return in cash totals $87,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,638/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
7,962 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45830, Columbus Grove, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,937 (80.0%) |
| Renter Occupied HU | 326 (13.5%) |
| Vacant Housing Units | 157 ( 6.5%) |
| Median Home Value | $216,322 |
| Average Home Value | $242,332 |
Residential
2,279
Single Family
2,279
Multi-Family
0
Businesses
99
Date | Event | Price |
|---|---|---|
| 2024-06-06 | Listed for sale | $224,900 |
| 2021-09-17 | Sold | $99,000 |
| 2021-09-17 | Listed for sale | $99,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Rayle • Key Realty
Mls Name: NORIS
Mls ID: #6116224
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. 2024 NORIS. All rights reserved.
