1498 Deermont AveMadisonOH44057
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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 Madison at 1498 Deermont Ave, Madison, OH, 44057 listed at $145,500 pairs $1,565/mo rent with a $712/mo payment to leave $608/mo cash flow. Total monthly income runs $1,565/mo, and annual cash flow reaches $7,297/yr on $48,233 cash to close. Return on cash invested measures 35.04% in year one, and rental yield registers 12.91% at a $145,500 basis. Equity gained on principal adds $939/yr, and annual property appreciation at 5% supports $40,199 by year five. Five-year ROI tracks 184.57% and total cumulative return in cash totals $89,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,565/mo property income relative to a $712/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
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Nearby investment properties with comparable prices
Listed by: Jennifer L Allen • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5120457
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