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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Saint Marys at 705 Magnolia St, Saint Marys, OH, 45885 offers a 10.8% rental yield on a $254,900 purchase with $2,294/mo rent. Total monthly income registers $2,294/mo, and a $1,248/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,403/yr on $84,499 to close, and return on cash invested stands at 28.67% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 150.31% and total cumulative return in cash at $127,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,294/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
| 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 |
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $254,900 |
| 2022-08-21 | Listing removed | $234,900 |
| 2022-07-20 | Listed for sale | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-01 | $2715.22 | 19.51% | $73,790 | 32.24% |
| 2022-07-01 | $2271.96 | -0.18% | $55,800 | N/A |
| 2021-07-01 | $2276.04 | -0.01% | $55,800 | N/A |
Listed by: Karri Gray • Gray Realty, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1039715
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.
