130 Lakeland WayAuroraOH44202
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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 Aurora at 130 Lakeland Way, Aurora, OH, 44202 with 5% annual appreciation on a $540,000 basis while $4,490/mo rent supports operations. Total monthly income totals $4,490/mo and a $2,643/mo payment preserves $738/mo for cash returns. Annual cash flow comes to $8,856/yr on $177,660 deployed, and return on cash invested reaches 25.05% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 9.98%. Five-year ROI measures 131.34% and total cumulative return in cash totals $233,342.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,490/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
9,801 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
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