16400 Ellsworth RdBerlin CenterOH44401
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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 Berlin Center at 16400 Ellsworth Rd, Berlin Center, OH, 44401 generates $1,122/mo in rent, after a $1,077/mo payment. Total monthly income is $1,122/mo. Return on cash invested sits at 14.56% in year one, and rental yield is 6.12% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 74.67% and total cumulative return in cash sums $54,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Manufactured
Built in 1950
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44401, Berlin Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 881 (80.6%) |
| Renter Occupied HU | 113 (10.3%) |
| Vacant Housing Units | 99 ( 9.1%) |
| Median Home Value | $302,075 |
| Average Home Value | $317,818 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
44
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Listed by: John W Sekora • OwnerLand Realty, Inc.
Mls Name: MLS Now
Mls ID: #5176335