504 N Main StWalbridgeOH43465
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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
Rental property for sale in Walbridge at 504 N Main St, Walbridge, OH, 43465 generates $1,706/mo in rent and, after a $1,043/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $3,653/yr on $70,610 invested. Return on cash invested sits at 25.08% in year one, and rental yield is 9.61% on a $213,000 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 131.15% and total cumulative return in cash sums $92,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43465, Walbridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,877 (68.6%) |
| Renter Occupied HU | 655 (23.9%) |
| Vacant Housing Units | 206 ( 7.5%) |
| Median Home Value | $156,226 |
| Average Home Value | $155,121 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,368
Multi-Family
370
Businesses
118
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