1383 Sherman StGenevaOH44041
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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 Geneva at 1383 Sherman St, Geneva, OH, 44041 priced at $289,900 pairs $3,936/mo rent with $2,029/mo cash flow after a $1,419/mo payment. Total monthly income equals $3,936/mo, and annual cash flow comes to $24,348/yr on $96,102 invested. Return on cash invested is 45.24% in year one, and rental yield stands at 16.29% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 239.21% and total cumulative return in cash reaches $229,881. For financing, Ziffy Mortgage’s DSCR program evaluates $3,936/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44041, Geneva, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,989 (100%) |
| Owner Occupied HU | 4,219 (60.4%) |
| Renter Occupied HU | 1,495 (21.4%) |
| Vacant Housing Units | 1,275 (18.2%) |
| Median Home Value | $193,242 |
| Average Home Value | $251,361 |
Housing Distribution
Address Breakdown
Residential
6,176
Single Family
6,006
Multi-Family
170
Businesses
517
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