12210 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
Investment property for sale in Berkey at 12210 Sylvania Ave, Berkey, OH, 43504 offers a 14.74% rental yield on a $249,900 purchase with $3,070/mo rent. Total monthly income registers $3,070/mo, and a $1,223/mo payment leaves $1,426/mo available for distribution. Annual cash flow reaches $17,116/yr on $82,842 to close, and return on cash invested stands at 40.57% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 214.18% and total cumulative return in cash at $177,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,070/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.85 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
Listed by: Joan M. Rauh • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6120219
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.