75601 16th RdCadizOH43907
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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 Cadiz at 75601 16th Rd, Cadiz, OH, 43907 listed at $156,000 pairs $1,200/mo rent with a $764/mo payment to leave $159/mo cash flow. Total monthly income runs $1,200/mo, and annual cash flow reaches $1,914/yr on $51,714 cash to close. Return on cash invested measures 23.61% in year one, and rental yield registers 9.23% at a $156,000 basis. Equity gained on principal adds $1,007/yr, and annual property appreciation at 5% supports $43,100 by year five. Five-year ROI tracks 123.34% and total cumulative return in cash totals $63,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $764/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2019
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43907, Cadiz, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 1,640 (61.6%) |
| Renter Occupied HU | 608 (22.8%) |
| Vacant Housing Units | 416 (15.6%) |
| Median Home Value | $141,582 |
| Average Home Value | $193,771 |
Housing Distribution
Address Breakdown
Residential
2,448
Single Family
2,394
Multi-Family
54
Businesses
233
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Listed by: Markita R Thomas • RE/MAX Broadwater
Mls Name: MLS Now
Mls Provider:
Mls ID: #5151708
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