1243 Grassy LnRossfordOH43460
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 Rossford at 1243 Grassy Ln, Rossford, OH, 43460 at $354,900 posts ROI 50.23% with $2,972/mo cash flow from $5,321/mo rent. Total monthly income equals $5,321/mo, and annual cash flow records $35,669/yr on $117,649 to close. Return on cash invested measures 50.23% and rental yield reads 17.99% at the current $354,900. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 by year five. Five-year ROI prints 265.99% and total cumulative return in cash totals $312,940.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43460, Rossford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,007 (71.0%) |
| Renter Occupied HU | 700 (24.8%) |
| Vacant Housing Units | 118 ( 4.2%) |
| Median Home Value | $205,151 |
| Average Home Value | $269,016 |
Housing Distribution
Address Breakdown
Residential
2,755
Single Family
2,509
Multi-Family
246
Businesses
241
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Listed by: CC Vliet-Hogan • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6120604
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.