110-122 Railroad StLagrangeOH44050
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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 Lagrange at 110-122 Railroad St, Lagrange, OH, 44050 offers a 3.11% rental yield on a $648,500 purchase with $1,680/mo rent. 52% in year one. Equity gained on principal adds $4,185/yr while 5% annual appreciation supports $179,169 over five years. Portfolio math shows five-year ROI at 26.16% and total cumulative return in cash at $55,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $3,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
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