1237 County Road 31ChesapeakeOH45619
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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 Chesapeake at 1237 County Road 31, Chesapeake, OH, 45619 earns $122/mo cash flow from $1,634/mo rent with a $1,125/mo payment. Total monthly income totals $1,634/mo, and annual cash flow totals $1,464/yr on $76,212 capital. ROI tracks 21.83% on current figures, and rental yield reads 8.53% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 113.63% and total cumulative return in cash sums $86,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,634/mo property income instead of your personal income.
Single Family
Built in 1987
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45619, Chesapeake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,187 (65.8%) |
| Renter Occupied HU | 725 (21.8%) |
| Vacant Housing Units | 410 (12.3%) |
| Median Home Value | $161,464 |
| Average Home Value | $184,625 |
Housing Distribution
Address Breakdown
Residential
3,369
Single Family
3,330
Multi-Family
39
Businesses
191
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Listed by: Jill Nelson • Re/Max Clarity 1st
Mls Name: HUNTMLS
Mls ID: #183032