1403 Pelton RdAustinburgOH44010
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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 Austinburg at 1403 Pelton Rd, Austinburg, OH, 44010 uses $86,952 cash to close to unlock $3,978/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,057/mo, and a $1,284/mo payment keeps the spread at $331/mo. Purchase price stands at $262,300, and rental yield measures 9.41% with $2,057/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $72,469 over five years. Five-year ROI reaches 127.91% and total cumulative return in cash records $111,224. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,284/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1980
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44010, Austinburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 554 (76.8%) |
| Renter Occupied HU | 105 (14.6%) |
| Vacant Housing Units | 62 ( 8.6%) |
| Median Home Value | $237,000 |
| Average Home Value | $339,896 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
92
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Listed by: N/A • N/A
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