13571 Sousa StNorth LawrenceOH44666
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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 North Lawrence at 13571 Sousa St, North Lawrence, OH, 44666 uses $133,396 cash to close to unlock $895/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $2,722/mo, and a $1,970/mo payment keeps the spread at $75/mo. Purchase price stands at $402,400, and rental yield measures 8.12% with $2,722/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $111,176 over five years. Five-year ROI reaches 106.96% and total cumulative return in cash records $142,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,722/mo property income covering a $1,970/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44666, North Lawrence, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 112 ( 9.7%) |
| Vacant Housing Units | 98 ( 8.5%) |
| Median Home Value | $273,704 |
| Average Home Value | $308,312 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
52
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Listed by: N/A • N/A
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Mls ID: #N/A