1264 Ellsworth Bailey RdWarrenOH44481
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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
Rental property for sale in Warren at 1264 Ellsworth Bailey Rd, Warren, OH, 44481 generates $2,623/mo in rent and, after a $1,933/mo payment, leaves $25/mo in cash flow. Total monthly income is $2,623/mo, and annual cash flow is $301/yr on $130,943 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 7.97% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 104.62% and total cumulative return in cash sums $136,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,623/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44481, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,005 (100%) |
| Owner Occupied HU | 3,755 (75.0%) |
| Renter Occupied HU | 885 (17.7%) |
| Vacant Housing Units | 365 ( 7.3%) |
| Median Home Value | $199,236 |
| Average Home Value | $203,800 |
Housing Distribution
Address Breakdown
Residential
4,552
Single Family
4,460
Multi-Family
92
Businesses
372
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Listed by: Jacob M Craig • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225019941
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.