1011 Cherry StPerrysburgOH43551
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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 Perrysburg at 1011 Cherry St, Perrysburg, OH, 43551 offers a 8.52% rental yield on a $419,900 purchase with $2,980/mo rent. Total monthly income registers $2,980/mo, and a $2,055/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,618/yr on $139,197 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 113.46% and total cumulative return in cash at $157,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,980/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
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Listed by: Jill M. Perry • Howard Hanna
Mls Name: NORIS
Mls ID: #10003195