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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeview at 11915 State Route 235, Lakeview, OH, 43331 listed at $280,000 pairs $1,920/mo rent with a $1,370/mo payment to leave $79/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $944/yr on $92,820 cash to close. Return on cash invested measures 20.93% in year one, and rental yield registers 8.23% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 108.81% and total cumulative return in cash totals $101,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43331, Lakeview, OH area.
| 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 |
Residential
2,399
Single Family
2,399
Multi-Family
0
Businesses
85
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Price change | $280,000 |
| 2024-08-20 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Attic
Listed by: Tina Pearson • Choice Properties Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1034850
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