1304 N Park DrMedwayOH45341
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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 Medway at 1304 N Park Dr, Medway, OH, 45341 offers a 18.34% rental yield on a $195,900 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $959/mo payment leaves $1,705/mo available for distribution. Annual cash flow reaches $20,463/yr on $64,941 to close, and return on cash invested stands at 51.42% in year one. Equity gained on principal adds $1,264/yr while 5% annual appreciation supports $54,124 over five years. Portfolio math shows five-year ROI at 272.4% and total cumulative return in cash at $176,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.60 Acres lot
$N/A/sqft
No HOA
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Listed by: Edward Jack Webster • Ownerland Realty, Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #947546
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