11266 W Pine Lake RdSalemOH44460
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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 Salem at 11266 W Pine Lake Rd, Salem, OH, 44460 offers a 6.14% rental yield on a $364,500 purchase with $1,865/mo rent. 62% in year one. Equity gained on principal adds $2,352/yr while 5% annual appreciation supports $100,705 over five years. Portfolio math shows five-year ROI at 75.01% and total cumulative return in cash at $90,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $1,784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44460, Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 7,942 (68.0%) |
| Renter Occupied HU | 2,763 (23.7%) |
| Vacant Housing Units | 974 ( 8.3%) |
| Median Home Value | $189,306 |
| Average Home Value | $248,463 |
Housing Distribution
Address Breakdown
Residential
11,077
Single Family
10,660
Multi-Family
417
Businesses
840
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