1 S Hamilton StMonroevilleOH44847
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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 Monroeville at 1 S Hamilton St, Monroeville, OH, 44847 priced at $252,000 converts $911/mo rent into after a $1,233/mo obligation. Total monthly income equals $911/mo. Return on cash invested prints 9.19% in year one, and rental yield reads 4.34% against a $252,000 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation compiles into $69,623 by year five. Five-year ROI reaches 45.87% and total cumulative return in cash sums $38,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $911/mo property income covering a $1,233/mo payment, not borrower’s personal income.
Multi Family
Built in 1973
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44847, Monroeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,139 (75.9%) |
| Renter Occupied HU | 276 (18.4%) |
| Vacant Housing Units | 86 ( 5.7%) |
| Median Home Value | $199,867 |
| Average Home Value | $230,217 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,298
Multi-Family
18
Businesses
84
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Listed by: Monica Camarata • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20252240
Disclaimer: Listing information is deemed reliable, but not guaranteed.