111 Parkgrove DrEnglewoodOH45322
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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 Englewood at 111 Parkgrove Dr, Englewood, OH, 45322 offers a 10.48% rental yield on a $199,900 purchase with $1,745/mo rent. Total monthly income registers $1,745/mo, and a $978/mo payment leaves $431/mo available for distribution. Annual cash flow reaches $5,166/yr on $66,267 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 145.18% and total cumulative return in cash at $96,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,745/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45322, Englewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,337 (100%) |
| Owner Occupied HU | 6,959 (74.5%) |
| Renter Occupied HU | 2,008 (21.5%) |
| Vacant Housing Units | 370 ( 4.0%) |
| Median Home Value | $195,998 |
| Average Home Value | $237,055 |
Housing Distribution
Address Breakdown
Residential
9,324
Single Family
8,933
Multi-Family
391
Businesses
535
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