1116 Orchard Park RdLexingtonOH44904
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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 Lexington at 1116 Orchard Park Rd, Lexington, OH, 44904 priced at $194,500 converts $1,473/mo rent into $194/mo cash flow after a $952/mo obligation. Total monthly income equals $1,473/mo, and annual cash flow totals $2,323/yr on $64,477 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 9.09% against a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation compiles into $53,737 by year five. Five-year ROI reaches 122.7% and total cumulative return in cash sums $79,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,473/mo property income covering a $952/mo payment, not borrower’s personal income.
Single Family
Built in 1934
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44904, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,799 (100%) |
| Owner Occupied HU | 4,747 (69.8%) |
| Renter Occupied HU | 1,756 (25.8%) |
| Vacant Housing Units | 296 ( 4.4%) |
| Median Home Value | $224,168 |
| Average Home Value | $241,427 |
Housing Distribution
Address Breakdown
Residential
6,392
Single Family
5,812
Multi-Family
580
Businesses
277
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