1643 Glenview AveMadisonOH44057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Madison at 1643 Glenview Ave, Madison, OH, 44057 offers $1,434/mo rent that, after a $830/mo payment, leaves $201/mo cash flow. Total monthly income is $1,434/mo, and annual cash flow is $2,415/yr on $56,189 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 10.15% at a $169,500 entry. Equity gained on principal adds $1,094/yr while 5% annual appreciation compounds into $46,830 by year five. Five-year ROI records 127.38% and total cumulative return in cash reaches $71,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,434/mo property income versus a $830/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
9,726 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: Elizabeth A Sill • RE/MAX Innovations
Mls Name: MLS Now
Mls Provider:
Mls ID: #5097926
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