508 E Holmes StDeshlerOH43516
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play508 E Holmes St, Deshler, OH, 43516 in Deshler is priced for appreciation, not yield. Rental yield 5.98%. At $249,900 with a 5.98% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $69,043 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.11) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $69,605.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(398) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,246 |
| Total Monthly Debt Service | $1,544 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43516, Deshler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 943 (78.3%) |
| Renter Occupied HU | 198 (16.4%) |
| Vacant Housing Units | 64 ( 5.3%) |
| Median Home Value | $167,996 |
| Average Home Value | $208,303 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,109
Multi-Family
42
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1973
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43516, Deshler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 943 (78.3%) |
| Renter Occupied HU | 198 (16.4%) |
| Vacant Housing Units | 64 ( 5.3%) |
| Median Home Value | $167,996 |
| Average Home Value | $208,303 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,109
Multi-Family
42
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bree York • Howard Hanna
Mls Name: NORIS
Mls ID: #6129015
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. 2025 NORIS. All rights reserved.