721 N Thoman St, Crestline, OH, 44827 | $415/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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721 N Thoman St, Crestline, OH, 44827 | $415/mo Cash Flow | Ziffy

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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 Crestline at 721 N Thoman St, Crestline, OH, 44827 at $199,900 posts ROI 27.42% with $415/mo cash flow from $1,729/mo rent. Total monthly income equals $1,729/mo, and annual cash flow records $4,974/yr on $66,267 to close. Return on cash invested measures 27.42% and rental yield reads 10.38% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 143.64% and total cumulative return in cash totals $95,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,729/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1965

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 721 N Thoman St, a 4 bed, 2 bath, 1,344 sq ft ranch-style home in Crestline Schools! The main floor features a master bed with a remodeled en-suite bath in 2024, while the hallway bath was updated in 2022 with a new vanity, toilet, and flooring. You'll love the dedicated dining room, sunroom overlooking the backyard, and the fenced-in yard perfect for kids, pets, or entertaining. The kitchen comes equipped with a stainless steel fridge and stove, and all faucets in the home were replaced in 2023. New flooring was installed in 2022, with original hardwood floors still underneath. A full basement provides plenty of storage and the opportunity to finish for added living space. Mechanical updates include a new furnace, water heater, and water softener. Outside, enjoy a 1.5-car attached garage, a 2-car wide concrete driveway, and a covered front patio surrounded by fresh mulch. Schedule your showing tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44827, Crestline, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,194 (100%)
Owner Occupied HU	2,081 (65.2%)
Renter Occupied HU	889 (27.8%)
Vacant Housing Units	224 ( 7.0%)
Median Home Value	$143,750
Average Home Value	$186,734