710 Cherry StFindlayOH45840
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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 Findlay at 710 Cherry St, Findlay, OH, 45840 generates $1,358/mo in rent and, after a $734/mo payment, leaves $372/mo in cash flow. Total monthly income is $1,358/mo, and annual cash flow is $4,460/yr on $49,692 invested. Return on cash invested sits at 28.88% in year one, and rental yield is 10.87% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 151.53% and total cumulative return in cash sums $75,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,358/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,596 (100%) |
| Owner Occupied HU | 15,996 (62.5%) |
| Renter Occupied HU | 7,629 (29.8%) |
| Vacant Housing Units | 1,971 ( 7.7%) |
| Median Home Value | $242,087 |
| Average Home Value | $280,048 |
Housing Distribution
Address Breakdown
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
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Listed by: Char Simons • The Danberry Co
Mls Name: NORIS
Mls ID: #6126732
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. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.