824 W Main StFarmersvilleOH45325
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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
Rental property for sale in Farmersville at 824 W Main St, Farmersville, OH, 45325 priced at $379,900 pairs $1,024/mo rent with after a $1,859/mo payment. Total monthly income equals $1,024/mo. Return on cash invested is 5.86% in year one, and rental yield stands at 3.23% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 28.02% and total cumulative return in cash reaches $35,285. For financing, Ziffy Mortgage’s DSCR program evaluates $1,024/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1919
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45325, Farmersville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 841 (80.9%) |
| Renter Occupied HU | 145 (13.9%) |
| Vacant Housing Units | 54 ( 5.2%) |
| Median Home Value | $312,910 |
| Average Home Value | $339,194 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
39
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Listed by: Jenny Stewart • Professional Realty
Mls Name: BHHS broker feed
Mls ID: #1842138