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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 Findlay at 715 W Melrose Ave, Findlay, OH, 45840 offers a 8.23% rental yield on a $279,900 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,370/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $946/yr on $92,787 to close, and return on cash invested stands at 20.93% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 108.82% and total cumulative return in cash at $100,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45840, Findlay, OH area.
| 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 |
Residential
24,727
Single Family
22,387
Multi-Family
2,340
Businesses
1,610
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Char Simons • The Danberry Co
Mls Name: NORIS
Mls ID: #6134951
