1471 Newport DrMacedoniaOH44056
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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 Macedonia at 1471 Newport Dr, Macedonia, OH, 44056 offers a 9.23% rental yield on a $330,000 purchase with $2,538/mo rent. Total monthly income registers $2,538/mo, and a $1,615/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,410/yr on $109,395 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 124.98% and total cumulative return in cash at $136,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,538/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44056, Macedonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,121 (100%) |
| Owner Occupied HU | 4,488 (87.6%) |
| Renter Occupied HU | 460 ( 9.0%) |
| Vacant Housing Units | 173 ( 3.4%) |
| Median Home Value | $329,079 |
| Average Home Value | $338,703 |
Housing Distribution
Address Breakdown
Residential
5,051
Single Family
4,835
Multi-Family
216
Businesses
408
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