612 S Main StSaint MarysOH45885
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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 Saint Marys at 612 S Main St, Saint Marys, OH, 45885 priced at $270,400 converts $1,746/mo rent into after a $1,323/mo obligation. Total monthly income equals $1,746/mo. Return on cash invested prints 19.48% in year one, and rental yield reads 7.75% against a $270,400 entry. Equity gained on principal adds $1,745/yr, while 5% annual appreciation compiles into $74,707 by year five. Five-year ROI reaches 101.04% and total cumulative return in cash sums $90,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,746/mo property income covering a $1,323/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,816 (64.8%) |
| Renter Occupied HU | 1,574 (26.7%) |
| Vacant Housing Units | 503 ( 8.5%) |
| Median Home Value | $189,076 |
| Average Home Value | $220,131 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
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Listed by: Kylee Klausing • Plus One Professionals
Mls Name: WRIST
Mls Provider:
Mls ID: #1038636
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.