590 West StCareyOH43316
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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 Carey at 590 West St, Carey, OH, 43316 earns from $1,243/mo rent with a $974/mo payment. Total monthly income totals $1,243/mo. ROI tracks 18.71% on current figures, and rental yield reads 7.5% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 97% and total cumulative return in cash sums $63,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,243/mo property income instead of your personal income.
Single Family
Built in 1940
8,067 sqft 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
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Listed by: Matthew Walter • Walter Real Estate & Auctionee
Mls Name: NORIS
Mls ID: #6128733
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.