516 Miller StCaldwellOH43724
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Caldwell rentals match the income profile of 516 Miller St, Caldwell, OH, 43724. Listed at $115,000, gross rent is $1,550/mo and net cash flow is $794/mo, a 16.18% yield well above national averages. DSCR 3.00 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $31,772 by year five with $1,059/yr in annual principal reduction, projecting $94,907 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 6.2% |
| Monthly Cash Flow | $794 | $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 | $1,550 |
| Total Monthly Debt Service | $711 |
| DSCR Ratio | 2.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1900
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43724, Caldwell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,030 (64.7%) |
| Renter Occupied HU | 675 (21.5%) |
| Vacant Housing Units | 433 (13.8%) |
| Median Home Value | $180,851 |
| Average Home Value | $213,849 |
Housing Distribution
Address Breakdown
Residential
2,829
Single Family
2,731
Multi-Family
98
Businesses
220
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 1900
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43724, Caldwell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 2,030 (64.7%) |
| Renter Occupied HU | 675 (21.5%) |
| Vacant Housing Units | 433 (13.8%) |
| Median Home Value | $180,851 |
| Average Home Value | $213,849 |
Housing Distribution
Address Breakdown
Residential
2,829
Single Family
2,731
Multi-Family
98
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices