602 Washington StFindlayOH45840
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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 Findlay at 602 Washington St, Findlay, OH, 45840 at $152,000 posts ROI 30.82% with $458/mo cash flow from $1,458/mo rent. Total monthly income equals $1,458/mo, and annual cash flow records $5,498/yr on $50,388 to close. Return on cash invested measures 30.82% and rental yield reads 11.51% at the current $152,000. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 by year five. Five-year ROI prints 161.96% and total cumulative return in cash totals $81,610.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
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Listed by: Lynn Sopher • BHHS Koehler Realty
Mls Name: NORIS
Mls ID: #6126578
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.