1309 Strawbridge PlOrrvilleOH44667
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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 Orrville at 1309 Strawbridge Pl, Orrville, OH, 44667 offers a 9.22% rental yield on a $199,900 purchase with $1,536/mo rent. 49% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 97.73% and total cumulative return in cash at $64,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
1 Acres lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44667, Orrville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,724 (100%) |
| Owner Occupied HU | 3,708 (64.8%) |
| Renter Occupied HU | 1,705 (29.8%) |
| Vacant Housing Units | 311 ( 5.4%) |
| Median Home Value | $220,000 |
| Average Home Value | $247,383 |
Housing Distribution
Address Breakdown
Residential
5,451
Single Family
5,143
Multi-Family
308
Businesses
363
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Nearby investment properties with comparable prices
Listed by: Tracy Jones • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5169951
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