107 Houston AveMorrowOH45152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morrow at 107 Houston Ave, Morrow, OH, 45152 with 5% annual appreciation on a $279,000 basis while $2,075/mo rent supports operations. Total monthly income totals $2,075/mo and a $1,366/mo payment preserves $239/mo for cash returns. Annual cash flow comes to $2,872/yr on $92,489 deployed, and return on cash invested reaches 23.01% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 8.92%. Five-year ROI measures 120.05% and total cumulative return in cash totals $111,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,075/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45152, Morrow, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 4,777 (83.8%) |
| Renter Occupied HU | 694 (12.2%) |
| Vacant Housing Units | 229 ( 4.0%) |
| Median Home Value | $368,485 |
| Average Home Value | $415,484 |
Housing Distribution
Address Breakdown
Residential
5,812
Single Family
5,665
Multi-Family
147
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices