1760 Otsego PikeHoytvilleOH43529
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 Hoytville at 1760 Otsego Pike, Hoytville, OH, 43529 priced at $195,000 converts $2,000/mo rent into $718/mo cash flow after a $954/mo obligation. Total monthly income equals $2,000/mo, and annual cash flow totals $8,613/yr on $64,643 invested. Return on cash invested prints 33.23% in year one, and rental yield reads 12.31% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 174.79% and total cumulative return in cash sums $112,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,000/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43529, Hoytville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 60 (100%) |
| Owner Occupied HU | 45 (75.0%) |
| Renter Occupied HU | 6 ( 10.0%) |
| Vacant Housing Units | 9 (15.0%) |
| Median Home Value | $218,750 |
| Average Home Value | $220,278 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Breidenbach • The Danberry Co
Mls Name: NORIS
Mls ID: #6129444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.