1157 Newton StTallmadgeOH44278
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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 Tallmadge at 1157 Newton St, Tallmadge, OH, 44278 with 5% annual appreciation on a $289,500 basis while $2,058/mo rent supports operations. Total monthly income totals $2,058/mo and a $1,417/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,844/yr on $95,969 deployed, and return on cash invested reaches 21.83% in year one. Equity gained on principal adds $1,868/yr, and five-year appreciation sums $79,984 alongside rental yield of 8.53%. Five-year ROI measures 113.68% and total cumulative return in cash totals $109,095.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,058/mo property income versus a $1,417/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
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