1161 Ledgeview RdMacedoniaOH44056
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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 Macedonia at 1161 Ledgeview Rd, Macedonia, OH, 44056 with 5% annual appreciation on a $291,000 basis while $2,640/mo rent supports operations. Total monthly income totals $2,640/mo and a $1,424/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,714/yr on $96,467 deployed, and return on cash invested reaches 28.94% in year one. Equity gained on principal adds $1,878/yr, and five-year appreciation sums $80,398 alongside rental yield of 10.89%. Five-year ROI measures 151.82% and total cumulative return in cash totals $146,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,424/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44056, Macedonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,121 (100%) |
| Owner Occupied HU | 4,488 (87.6%) |
| Renter Occupied HU | 460 ( 9.0%) |
| Vacant Housing Units | 173 ( 3.4%) |
| Median Home Value | $329,079 |
| Average Home Value | $338,703 |
Housing Distribution
Address Breakdown
Residential
5,051
Single Family
4,835
Multi-Family
216
Businesses
408
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