1004 Waters Edge DrColumbianaOH44408
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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
Investment property for sale in Columbiana at 1004 Waters Edge Dr, Columbiana, OH, 44408 earns from $2,640/mo rent with a $6,360/mo payment. Total monthly income totals $2,640/mo. ROI tracks 3.53% on current figures, and rental yield reads 2.44% at a $1,299,500 purchase. Equity gained on principal adds $8,385/yr, and 5% annual appreciation supports $359,028 over five years. Five-year ROI reaches 15.45% and total cumulative return in cash sums $65,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2006
3,249 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44408, Columbiana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,123 (100%) |
| Owner Occupied HU | 3,613 (70.5%) |
| Renter Occupied HU | 1,188 (23.2%) |
| Vacant Housing Units | 322 ( 6.3%) |
| Median Home Value | $227,749 |
| Average Home Value | $249,961 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,442
Multi-Family
378
Businesses
492
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Listed by: Holly Ritchie • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls ID: #5173829