12960 Elizabeth TrlRittmanOH44270
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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 Rittman at 12960 Elizabeth Trl, Rittman, OH, 44270 listed at $604,900 pairs $1,020/mo rent with a $2,961/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 2.22% in year one, and rental yield registers 2.02% at a $604,900 basis. Equity gained on principal adds $3,903/yr, and annual property appreciation at 5% supports $167,123 by year five. Five-year ROI tracks 8.45% and total cumulative return in cash totals $16,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $2,961/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44270, Rittman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,439 (66.8%) |
| Renter Occupied HU | 997 (27.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $209,012 |
| Average Home Value | $244,429 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,429
Multi-Family
93
Businesses
171
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