111 Village CtColumbianaOH44408
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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
Rental property for sale in Columbiana at 111 Village Ct, Columbiana, OH, 44408 generates $1,717/mo in rent, after a $1,167/mo payment. Total monthly income is $1,717/mo. Return on cash invested sits at 18.37% in year one, and rental yield is 8.64% on a $238,500 entry. Equity gained on principal adds $1,539/yr, while 5% annual appreciation builds toward $65,893 over five years. Five-year ROI reaches 96.48% and total cumulative return in cash sums $76,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,717/mo property income rather than buyer’s personal income.
Condo
Built in 1998
1,855 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44408, Columbiana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,123 (100%) |
| Owner Occupied HU | 3,613 (70.5%) |
| Renter Occupied HU | 1,188 (23.2%) |
| Vacant Housing Units | 322 ( 6.3%) |
| Median Home Value | $227,749 |
| Average Home Value | $249,961 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,442
Multi-Family
378
Businesses
492
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Nearby investment properties with comparable prices
Listed by: Lisa M Tentler • CENTURY 21 Lakeside Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5107725
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