565 E Main StLoganOH43138
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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
Rental property for sale in Logan at 565 E Main St, Logan, OH, 43138 offers $1,440/mo rent that, after a $1,346/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures 15.05% in year one, and rental yield stands at 6.28% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 77.36% and total cumulative return in cash reaches $70,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43138, Logan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,491 (100%) |
| Owner Occupied HU | 5,437 (64.0%) |
| Renter Occupied HU | 2,184 (25.7%) |
| Vacant Housing Units | 870 (10.2%) |
| Median Home Value | $185,889 |
| Average Home Value | $240,247 |
Housing Distribution
Address Breakdown
Residential
8,053
Single Family
7,858
Multi-Family
195
Businesses
664
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