133 Ambleside WayAmherstOH44001
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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
Rental property for sale in Amherst at 133 Ambleside Way, Amherst, OH, 44001 generates $1,859/mo in rent, after a $1,615/mo payment. Total monthly income is $1,859/mo. Return on cash invested sits at 16.49% in year one, and rental yield is 6.76% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 85.03% and total cumulative return in cash sums $92,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,859/mo property income rather than buyer’s personal income.
Condo
Built in 1994
1,637 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44001, Amherst, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 7,702 (83.6%) |
| Renter Occupied HU | 1,154 (12.5%) |
| Vacant Housing Units | 362 ( 3.9%) |
| Median Home Value | $254,032 |
| Average Home Value | $275,217 |
Housing Distribution
Address Breakdown
Residential
9,107
Single Family
8,815
Multi-Family
292
Businesses
627
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