62 Raymond Ave, Shelby, OH, 44875 | $308/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

62 Raymond Ave, Shelby, OH, 44875 | $308/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1392 sft

320 W Main St, Crestline, OH, 44827

1 Bed
1 Bath
1040 sft

6170 Crawford Morrow Line Rd, Galion, OH, 44833

3 Bed
2 Bath
1052 sft

1443 Cullen Ct, Bucyrus, OH, 44820

3 Bed
2 Bath
1104 sft

440 Sears St, Bucyrus, OH, 44820

Nearby investment properties with comparable prices

3 Bed
1 Bath
2368 sft

450 Sears St, Bucyrus, OH, 44820

5 Bed
3 Bath
- sft

231 E Mary St, Bucyrus, OH, 44820

3 Bed
2 Bath
1264 sft

710 High St, Bucyrus, OH, 44820

2 Bed
1 Bath
959 sft

220 Iona Dr, Bucyrus, OH, 44820

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Shelby at 62 Raymond Ave, Shelby, OH, 44875 at $159,900 posts ROI 26.88% with $308/mo cash flow from $1,360/mo rent. Total monthly income equals $1,360/mo, and annual cash flow records $3,694/yr on $53,007 to close. Return on cash invested measures 26.88% and rental yield reads 10.21% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 140.76% and total cumulative return in cash totals $74,610.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1941

8,319 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 62 Raymond Avenue, a cute, cozy, recently updated home in Shelby that just welcomes you as soon as you walk in! Inside you will find an interior spectacularly remodeled and ready for you to move right in! Don't let the number of square feet fool you, the house has a larger feel to it once you're inside! A new kitchen, floors, light fixtures, paint, roof, and sliding door are just SOME of the magnificent updates done to this home! There are 2 bedrooms and a full bathroom on the main level, with a bonus room and third bedroom on the upper level! There is a half bathroom in the basement as well! On the outside, you will find a partially finished yard and a 1 car detached garage. Whether you are looking for the perfect starter home or downsizing, look no further! Call your REALTOR today and see this magnificent home and all it has to offer!