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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lagrange at 17569 Ringneck Ct, Lagrange, OH, 44050 generates $1,680/mo in rent, after a $1,125/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 8.77% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 102.03% and total cumulative return in cash sums $77,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.90 Acres lot
$N/A/sqft
$58 monthly HOA
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $229,900 |
| 2001-02-20 | Sold | $134,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-27 | $5167.48 | -0.11% | $55,380 | N/A |
| 2022-03-27 | $5173.26 | 0.01% | $55,380 | N/A |
| 2021-03-27 | $5172.74 | 8.09% | $55,380 | 18.41% |
Listed by: Jamie D Powers • Howard Hanna
Mls Name: MLS Now
Mls ID: #5109625
