1590 Northwood Dr NELancasterOH43130
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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 Lancaster at 1590 Northwood Dr NE, Lancaster, OH, 43130 earns $787/mo cash flow from $2,891/mo rent with a $1,566/mo payment. Total monthly income totals $2,891/mo, and annual cash flow totals $9,438/yr on $106,047 capital. ROI tracks 28.81% on current figures, and rental yield reads 10.84% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 151.08% and total cumulative return in cash sums $160,220. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,891/mo property income instead of your personal income.
Single Family
Built in 1960
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43130, Lancaster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,232 (100%) |
| Owner Occupied HU | 17,412 (63.9%) |
| Renter Occupied HU | 8,241 (30.3%) |
| Vacant Housing Units | 1,579 ( 5.8%) |
| Median Home Value | $254,495 |
| Average Home Value | $301,928 |
Housing Distribution
Address Breakdown
Residential
26,133
Single Family
24,337
Multi-Family
1,796
Businesses
2,033
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