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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 Spencerville at 505 E 4th St, Spencerville, OH, 45887 listed at $100,000 pairs $789/mo rent with a $489/mo payment to leave $132/mo cash flow. Total monthly income runs $789/mo, and annual cash flow reaches $1,580/yr on $33,150 cash to close. Return on cash invested measures 24.67% in year one, and rental yield registers 9.47% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 128.95% and total cumulative return in cash totals $42,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $789/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45887, Spencerville, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,955 (100%) |
| Owner Occupied HU | 1,484 (75.9%) |
| Renter Occupied HU | 338 (17.3%) |
| Vacant Housing Units | 133 ( 6.8%) |
| Median Home Value | $225,414 |
| Average Home Value | $282,835 |
Residential
1,831
Single Family
1,794
Multi-Family
37
Businesses
104
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
