616 N Dix StPauldingOH45879
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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 Paulding at 616 N Dix St, Paulding, OH, 45879 generates $1,658/mo in rent and, after a $936/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,658/mo, and annual cash flow is $4,800/yr on $63,416 invested. Return on cash invested sits at 27.48% in year one, and rental yield is 10.4% on a $191,300 entry. Equity gained on principal adds $1,234/yr, while 5% annual appreciation builds toward $52,853 over five years. Five-year ROI reaches 143.93% and total cumulative return in cash sums $91,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45879, Paulding, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,713 (100%) |
| Owner Occupied HU | 1,749 (64.5%) |
| Renter Occupied HU | 690 (25.4%) |
| Vacant Housing Units | 274 (10.1%) |
| Median Home Value | $150,631 |
| Average Home Value | $198,675 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,576
Multi-Family
19
Businesses
271
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