12157 Columbiana Canfield RdColumbianaOH44408
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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 Columbiana at 12157 Columbiana Canfield Rd, Columbiana, OH, 44408 listed at $269,000 pairs $2,640/mo rent with a $1,317/mo payment to leave $870/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $10,442/yr on $89,174 cash to close. Return on cash invested measures 31.62% in year one, and rental yield registers 11.78% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 166.18% and total cumulative return in cash totals $148,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44408, Columbiana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,123 (100%) |
| Owner Occupied HU | 3,613 (70.5%) |
| Renter Occupied HU | 1,188 (23.2%) |
| Vacant Housing Units | 322 ( 6.3%) |
| Median Home Value | $227,749 |
| Average Home Value | $249,961 |
Housing Distribution
Address Breakdown
Residential
4,820
Single Family
4,442
Multi-Family
378
Businesses
492
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Listed by: Frank J Clinton • Howard Hanna
Mls Name: MLS Now
Mls ID: #5140261