8579 County Road 23ArchboldOH43502
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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 Archbold at 8579 County Road 23, Archbold, OH, 43502 generates $2,303/mo in rent, after a $2,154/mo payment. Total monthly income is $2,303/mo. Return on cash invested sits at 15.04% in year one, and rental yield is 6.28% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 77.27% and total cumulative return in cash sums $112,702. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,303/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43502, Archbold, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,215 (72.3%) |
| Renter Occupied HU | 683 (22.3%) |
| Vacant Housing Units | 164 ( 5.4%) |
| Median Home Value | $190,388 |
| Average Home Value | $215,561 |
Housing Distribution
Address Breakdown
Residential
2,910
Single Family
2,777
Multi-Family
133
Businesses
308
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