11183 Bays RdCygnetOH43413
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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 Cygnet at 11183 Bays Rd, Cygnet, OH, 43413 offers a 9.54% rental yield on a $375,000 purchase with $2,981/mo rent. Total monthly income registers $2,981/mo, and a $1,835/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,177/yr on $124,313 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 129.99% and total cumulative return in cash at $161,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,981/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43413, Cygnet, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 461 (79.3%) |
| Renter Occupied HU | 88 (15.1%) |
| Vacant Housing Units | 32 ( 5.5%) |
| Median Home Value | $213,587 |
| Average Home Value | $261,952 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
20
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