83 2nd St,Shelby,OH,44875

Investment Highlights

Investment property for sale in Shelby at 83 2nd St, Shelby, OH, 44875 offers a 8.7% rental yield on a $149,000 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $729/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,202/yr on $49,394 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 116.48% and total cumulative return in cash at $57,532. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.