102 Murray AveMinervaOH44657
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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 Minerva at 102 Murray Ave, Minerva, OH, 44657 uses $51,383 cash to close to unlock $4,153/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $759/mo payment keeps the spread at $346/mo. Purchase price stands at $155,000, and rental yield measures 10.58% with $1,366/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 146.81% and total cumulative return in cash records $75,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $759/mo payment rather than investor’s personal income.
Multi Family
Built in 1997
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44657, Minerva, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,408 (100%) |
| Owner Occupied HU | 3,016 (68.4%) |
| Renter Occupied HU | 1,078 (24.5%) |
| Vacant Housing Units | 314 ( 7.1%) |
| Median Home Value | $199,071 |
| Average Home Value | $229,057 |
Housing Distribution
Address Breakdown
Residential
4,196
Single Family
4,107
Multi-Family
89
Businesses
254
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