63 E Smiley Ave,Shelby,OH,44875

Investment Highlights

Investment property for sale in Shelby at 63 E Smiley Ave, Shelby, OH, 44875 offers a 9.8% rental yield on a $151,900 purchase with $1,241/mo rent. Total monthly income registers $1,241/mo, and a $743/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,908/yr on $50,355 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $980/yr while 5% annual appreciation supports $41,967 over five years. Portfolio math shows five-year ROI at 134.36% and total cumulative return in cash at $67,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,241/mo property income against a $743/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.