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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% |
Rental property for sale in Columbus Grove at 508 W Sycamore St, Columbus Grove, OH, 45830 priced at $173,000 converts $959/mo rent into after a $847/mo obligation. Total monthly income equals $959/mo. Return on cash invested prints 16.16% in year one, and rental yield reads 6.65% against a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation compiles into $47,797 by year five. Five-year ROI reaches 83.24% and total cumulative return in cash sums $47,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $959/mo property income covering a $847/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.26 Acres 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 |
|---|---|---|
| 2025-09-23 | Sold | $173,000 |
| 2025-08-07 | Pending sale | $179,900 |
| 2025-08-07 | Contingent | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-10-31 | N/A | N/A | N/A | N/A |
| 2019-10-31 | N/A | N/A | N/A | N/A |
| 2018-10-31 | N/A | N/A | N/A | N/A |
Listed by: Daniel T Irwin • New Concept Realty
Mls Name: NORIS
Mls ID: #6133584
Disclaimer: Listing 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.
