1470 Hillbrook Dr NELancasterOH43130
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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 Lancaster at 1470 Hillbrook Dr NE, Lancaster, OH, 43130 generates $2,514/mo in rent, after a $3,225/mo payment. Total monthly income is $2,514/mo. Return on cash invested sits at 9.99% in year one, and rental yield is 4.58% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 50.1% and total cumulative return in cash sums $108,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,514/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43130, Lancaster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,232 (100%) |
| Owner Occupied HU | 17,412 (63.9%) |
| Renter Occupied HU | 8,241 (30.3%) |
| Vacant Housing Units | 1,579 ( 5.8%) |
| Median Home Value | $254,495 |
| Average Home Value | $301,928 |
Housing Distribution
Address Breakdown
Residential
26,133
Single Family
24,337
Multi-Family
1,796
Businesses
2,033
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