10923 Plank RdMontvilleOH44064
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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 Montville at 10923 Plank Rd, Montville, OH, 44064 listed at $225,000 pairs $3,006/mo rent with a $1,101/mo payment to leave $1,526/mo cash flow. Total monthly income runs $3,006/mo, and annual cash flow reaches $18,315/yr on $74,588 cash to close. Return on cash invested measures 44.46% in year one, and rental yield registers 16.03% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 235.06% and total cumulative return in cash totals $175,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,006/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
13.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44064, Montville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 675 (84.7%) |
| Renter Occupied HU | 59 ( 7.4%) |
| Vacant Housing Units | 63 ( 7.9%) |
| Median Home Value | $277,381 |
| Average Home Value | $300,907 |
Housing Distribution
Address Breakdown
Residential
645
Single Family
645
Multi-Family
0
Businesses
48
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