609 N Mill StCelinaOH45822
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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 Celina at 609 N Mill St, Celina, OH, 45822 offers $1,315/mo rent that, after a $1,076/mo payment. Total monthly income is $1,315/mo. Return on cash invested measures 17.75% in year one, and rental yield stands at 7.18% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 91.78% and total cumulative return in cash reaches $66,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,315/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45822, Celina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,648 (100%) |
| Owner Occupied HU | 6,178 (64.0%) |
| Renter Occupied HU | 2,237 (23.2%) |
| Vacant Housing Units | 1,233 (12.8%) |
| Median Home Value | $224,874 |
| Average Home Value | $265,641 |
Housing Distribution
Address Breakdown
Residential
8,605
Single Family
8,358
Multi-Family
247
Businesses
661
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