82 N 3rd St, Shelby, OH, 44875 | $453/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1411 sft

207 Samaritan Ave, Ashland, OH, 44805

3 Bed
1 Bath
1507 sft

469 Davey Ave, Mansfield, OH, 44903

Currently Rented+ 1 more

3 Bed
1 Bath
1644 sft

1288 Us Route 224, New London, OH, 44851

3 Bed
2 Bath
1144 sft

513 Steele Ave, Ashland, OH, 44805

Nearby investment properties with comparable prices

3 Bed
2 Bath
1592 sft

570 Rogers St, Bucyrus, OH, 44820

4 Bed
2 Bath
1548 sft

638 Arthur St, Ashland, OH, 44805

2 Bed
1 Bath
888 sft

136 Illinois Ave N, Mansfield, OH, 44905

3 Bed
3 Bath
1390 sft

71 Maple Ln, Ontario, OH, 44906

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Shelby at 82 N 3rd St, Shelby, OH, 44875 offers $1,702/mo rent that, after a $929/mo payment, leaves $453/mo cash flow. Total monthly income is $1,702/mo, and annual cash flow is $5,440/yr on $62,952 cash. Return on cash invested measures 28.55% in year one, and rental yield stands at 10.76% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 149.74% and total cumulative return in cash reaches $94,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,702/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1916

0.54 Acres lot

$N/A/sqft

No HOA