15027 King RdHowardOH43028
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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 Howard at 15027 King Rd, Howard, OH, 43028 generates $2,126/mo in rent, after a $2,643/mo payment. Total monthly income is $2,126/mo. Return on cash invested sits at 10.43% in year one, and rental yield is 4.72% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 52.47% and total cumulative return in cash sums $93,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,126/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43028, Howard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 2,753 (69.8%) |
| Renter Occupied HU | 379 ( 9.6%) |
| Vacant Housing Units | 812 (20.6%) |
| Median Home Value | $276,205 |
| Average Home Value | $342,382 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,572
Multi-Family
0
Businesses
84
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Listed by: Anntonette Spaulding • Lakefront Living Realty
Mls Name: KCBR
Mls ID: #20250351
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.