15819 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 15819 King Rd, Howard, OH, 43028 generates $2,170/mo in rent and, after a $1,560/mo payment, leaves $73/mo in cash flow. Total monthly income is $2,170/mo, and annual cash flow is $880/yr on $105,682 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 8.17% on a $318,800 entry. Equity gained on principal adds $2,057/yr, while 5% annual appreciation builds toward $88,079 over five years. Five-year ROI reaches 107.85% and total cumulative return in cash sums $113,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.57 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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