1107 Homer Rd NWUticaOH43080
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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 Utica at 1107 Homer Rd NW, Utica, OH, 43080 earns $2,263/mo cash flow from $3,000/mo rent with a $548/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $27,162/yr on $37,128 capital. ROI tracks 93.07% on current figures, and rental yield reads 32.14% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 495.74% and total cumulative return in cash sums $184,059. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43080, Utica, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,697 (71.8%) |
| Renter Occupied HU | 481 (20.3%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $286,210 |
| Average Home Value | $532,577 |
Housing Distribution
Address Breakdown
Residential
1,740
Single Family
1,700
Multi-Family
40
Businesses
117
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Listed by: Scott Fader • Joseph Walter Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224029046
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.