502 S Main StClydeOH43410
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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 Clyde at 502 S Main St, Clyde, OH, 43410 uses $64,609 cash to close to unlock $7,607/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $1,916/mo, and a $954/mo payment keeps the spread at $634/mo. Purchase price stands at $194,900, and rental yield measures 11.8% with $1,916/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 166.48% and total cumulative return in cash records $107,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,916/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43410, Clyde, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,450 (100%) |
| Owner Occupied HU | 3,265 (73.4%) |
| Renter Occupied HU | 921 (20.7%) |
| Vacant Housing Units | 264 ( 5.9%) |
| Median Home Value | $170,221 |
| Average Home Value | $183,434 |
Housing Distribution
Address Breakdown
Residential
4,283
Single Family
4,160
Multi-Family
123
Businesses
270
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