11755 W Sylvania AveBerkeyOH43504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Berkey at 11755 W Sylvania Ave, Berkey, OH, 43504 generates $1,928/mo in rent and, after a $1,248/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,928/mo, and annual cash flow is $3,011/yr on $84,499 invested. Return on cash invested sits at 23.47% in year one, and rental yield is 9.08% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $103,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43504, Berkey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 390 (86.7%) |
| Renter Occupied HU | 40 ( 8.9%) |
| Vacant Housing Units | 20 ( 4.4%) |
| Median Home Value | $303,960 |
| Average Home Value | $326,308 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices