11769 Peckham StHiramOH44234
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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 Hiram at 11769 Peckham St, Hiram, OH, 44234 uses $74,588 cash to close to unlock $579/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,528/mo, and a $1,101/mo payment keeps the spread at $48/mo. Purchase price stands at $225,000, and rental yield measures 8.15% with $1,528/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 107.55% and total cumulative return in cash records $80,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,528/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1901
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44234, Hiram, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,496 (100%) |
| Owner Occupied HU | 1,215 (81.2%) |
| Renter Occupied HU | 203 (13.6%) |
| Vacant Housing Units | 78 ( 5.2%) |
| Median Home Value | $291,314 |
| Average Home Value | $330,741 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
57
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