1200 River RdHinckleyOH44233
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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 Hinckley at 1200 River Rd, Hinckley, OH, 44233 listed at $781,700 pairs $5,311/mo rent with a $3,826/mo payment to leave $169/mo cash flow. Total monthly income runs $5,311/mo, and annual cash flow reaches $2,030/yr on $257,179 cash to close. Return on cash invested measures 20.85% in year one, and rental yield registers 8.15% at a $781,700 basis. Equity gained on principal adds $5,044/yr, and annual property appreciation at 5% supports $215,969 by year five. Five-year ROI tracks 108.37% and total cumulative return in cash totals $278,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,311/mo property income relative to a $3,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44233, Hinckley, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,973 (91.9%) |
| Renter Occupied HU | 165 ( 5.1%) |
| Vacant Housing Units | 97 ( 3.0%) |
| Median Home Value | $479,463 |
| Average Home Value | $502,962 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,213
Multi-Family
0
Businesses
296
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