517 E Findlay StCareyOH43316
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
Investment Highlights
Rental property for sale in Carey at 517 E Findlay St, Carey, OH, 43316 generates $1,201/mo in rent, after a $1,115/mo payment. Total monthly income is $1,201/mo. Return on cash invested sits at 15.18% in year one, and rental yield is 6.32% on a $227,900 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,965 over five years. Five-year ROI reaches 78.05% and total cumulative return in cash sums $58,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43316, Carey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,616 (100%) |
| Owner Occupied HU | 1,826 (69.8%) |
| Renter Occupied HU | 556 (21.3%) |
| Vacant Housing Units | 234 ( 8.9%) |
| Median Home Value | $188,131 |
| Average Home Value | $226,943 |
Housing Distribution
Address Breakdown
Residential
2,519
Single Family
2,448
Multi-Family
71
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices