1387 State Route 122 WEatonOH45320
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 Eaton at 1387 State Route 122 W, Eaton, OH, 45320 offers a 13.97% rental yield on a $176,300 purchase with $2,053/mo rent. Total monthly income registers $2,053/mo, and a $863/mo payment leaves $893/mo available for distribution. Annual cash flow reaches $10,719/yr on $58,443 to close, and return on cash invested stands at 38.25% in year one. Equity gained on principal adds $1,138/yr while 5% annual appreciation supports $48,708 over five years. Portfolio math shows five-year ROI at 201.77% and total cumulative return in cash at $117,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,053/mo property income against a $863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45320, Eaton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,006 (100%) |
| Owner Occupied HU | 4,765 (68.0%) |
| Renter Occupied HU | 1,685 (24.1%) |
| Vacant Housing Units | 556 ( 7.9%) |
| Median Home Value | $203,945 |
| Average Home Value | $254,695 |
Housing Distribution
Address Breakdown
Residential
6,685
Single Family
6,459
Multi-Family
226
Businesses
499
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices