11643 Channel View DrLakeviewOH43331
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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 Lakeview at 11643 Channel View Dr, Lakeview, OH, 43331 generates $1,598/mo in rent and, after a $734/mo payment, leaves $612/mo in cash flow. Total monthly income is $1,598/mo, and annual cash flow is $7,340/yr on $49,692 invested. Return on cash invested sits at 34.68% in year one, and rental yield is 12.79% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 182.61% and total cumulative return in cash sums $90,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,598/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43331, Lakeview, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 1,676 (41.8%) |
| Renter Occupied HU | 480 (12.0%) |
| Vacant Housing Units | 1,856 (46.3%) |
| Median Home Value | $211,699 |
| Average Home Value | $252,800 |
Housing Distribution
Address Breakdown
Residential
2,399
Single Family
2,399
Multi-Family
0
Businesses
85
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Listed by: Rebeckah Crosbie • Coldwell Banker Heritage
Mls Name: WRIST
Mls Provider:
Mls ID: #1032251
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.