6704 Parker Rd, Castalia, OH, 44824 | $345/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Castalia at 6704 Parker Rd, Castalia, OH, 44824 uses $98,787 cash to close to unlock $4,144/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $2,306/mo, and a $1,459/mo payment keeps the spread at $345/mo. Purchase price stands at $298,000, and rental yield measures 9.29% with $2,306/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash records $124,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,306/mo property income covering a $1,459/mo payment rather than investor’s personal income.

Single Family

Built in 1958

0.61 Acres lot

$N/A/sqft

No HOA