16765 Old State RdMiddlefieldOH44062
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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 Middlefield at 16765 Old State Rd, Middlefield, OH, 44062 generates $0/mo in rent, after a $1,859/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.9% in year one, and rental yield is 0% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
3.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44062, Middlefield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,024 (100%) |
| Owner Occupied HU | 3,621 (72.1%) |
| Renter Occupied HU | 1,096 (21.8%) |
| Vacant Housing Units | 307 ( 6.1%) |
| Median Home Value | $242,032 |
| Average Home Value | $267,076 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,225
Multi-Family
248
Businesses
421
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Byron Childs • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5139692