5280 Township Road 179CardingtonOH43315
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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
Investment property for sale in Cardington at 5280 Township Road 179, Cardington, OH, 43315 offers a 6.81% rental yield on a $364,900 purchase with $2,070/mo rent. 63% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,815 over five years. Portfolio math shows five-year ROI at 85.77% and total cumulative return in cash at $103,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43315, Cardington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,136 (100%) |
| Owner Occupied HU | 2,317 (73.9%) |
| Renter Occupied HU | 590 (18.8%) |
| Vacant Housing Units | 229 ( 7.3%) |
| Median Home Value | $219,834 |
| Average Home Value | $243,825 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,823
Multi-Family
54
Businesses
85
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Listed by: Morgan Armstrong • Coldwell Banker Mattox McCleery
Mls Name: MAR
Mls Provider:
Mls ID: #9064143
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.