718 Carnahan AveFindlayOH45840
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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
Investment property for sale in Findlay at 718 Carnahan Ave, Findlay, OH, 45840 at $124,900 posts ROI 72.68% with $1,821/mo cash flow from $2,642/mo rent. Total monthly income equals $2,642/mo, and annual cash flow records $21,849/yr on $41,404 to close. Return on cash invested measures 72.68% and rental yield reads 25.38% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 386.33% and total cumulative return in cash totals $159,958.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,642/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
10,136 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: Holly Crislip • Key Realty
Mls Name: NORIS
Mls ID: #6119761
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. 2024 NORIS. All rights reserved.