510 N Elm StCaledoniaOH43314
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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 Caledonia at 510 N Elm St, Caledonia, OH, 43314 at $225,000 posts ROI 27.17% with $451/mo cash flow from $1,931/mo rent. Total monthly income equals $1,931/mo, and annual cash flow records $5,415/yr on $74,588 to close. Return on cash invested measures 27.17% and rental yield reads 10.3% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 142.35% and total cumulative return in cash totals $106,173.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
9,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43314, Caledonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 973 (75.1%) |
| Renter Occupied HU | 227 (17.5%) |
| Vacant Housing Units | 95 ( 7.3%) |
| Median Home Value | $202,725 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,009
Multi-Family
41
Businesses
44
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