14765 Lakeview Dr #2MiddlefieldOH44062
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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 Middlefield at 14765 Lakeview Dr #2, Middlefield, OH, 44062 uses $61,294 cash to close to unlock $6,621/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $905/mo payment keeps the spread at $552/mo. Purchase price stands at $184,900, and rental yield measures 11.47% with $1,768/mo rent. Return on cash invested shows 30.71% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 161.29% and total cumulative return in cash records $98,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44062, Middlefield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,024 (100%) |
| Owner Occupied HU | 3,621 (72.1%) |
| Renter Occupied HU | 1,096 (21.8%) |
| Vacant Housing Units | 307 ( 6.1%) |
| Median Home Value | $242,032 |
| Average Home Value | $267,076 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,225
Multi-Family
248
Businesses
421
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Listed by: N/A • N/A
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