116 Janice StLodiOH44254
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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 Lodi at 116 Janice St, Lodi, OH, 44254 generates $2,255/mo in rent and, after a $1,224/mo payment, leaves $610/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $7,322/yr on $82,875 invested. Return on cash invested sits at 28.74% in year one, and rental yield is 10.82% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 150.79% and total cumulative return in cash sums $124,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44254, Lodi, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,616 (69.7%) |
| Renter Occupied HU | 549 (23.7%) |
| Vacant Housing Units | 153 ( 6.6%) |
| Median Home Value | $220,154 |
| Average Home Value | $263,311 |
Housing Distribution
Address Breakdown
Residential
2,209
Single Family
2,114
Multi-Family
95
Businesses
156
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