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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Galion at 8304 State Route 61, Galion, OH, 44833 generates $682/mo in rent, after a $2,031/mo payment. Total monthly income is $682/mo. Return on cash invested sits at 2.05% in year one, and rental yield is 1.97% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 7.6% and total cumulative return in cash sums $10,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $682/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
2.32 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $415,000 |
| 2024-06-11 | Sold | $350,000 |
| 2024-05-11 | Contingent | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alexandria Heacock • Home Equity Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224032433
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
