1329 Robbins AveNilesOH44446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Niles at 1329 Robbins Ave, Niles, OH, 44446 offers a 9.57% rental yield on a $120,000 purchase with $957/mo rent. Total monthly income registers $957/mo, and a $587/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,541/yr on $39,780 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 124.6% and total cumulative return in cash at $49,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $957/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
8,908 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44446, Niles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,343 (100%) |
| Owner Occupied HU | 5,642 (54.5%) |
| Renter Occupied HU | 3,682 (35.6%) |
| Vacant Housing Units | 1,019 ( 9.9%) |
| Median Home Value | $117,049 |
| Average Home Value | $152,137 |
Housing Distribution
Address Breakdown
Residential
9,714
Single Family
8,011
Multi-Family
1,703
Businesses
739
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Nearby investment properties with comparable prices
Listed by: Jill E Littleton • Apollo Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5112287
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