178 Candle CtEnglewoodOH45322
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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 Englewood at 178 Candle Ct, Englewood, OH, 45322 offers $1,872/mo rent that, after a $705/mo payment, leaves $916/mo cash flow. Total monthly income is $1,872/mo, and annual cash flow is $10,993/yr on $47,736 cash. Return on cash invested measures 42.94% in year one, and rental yield stands at 15.6% at a $144,000 entry. Equity gained on principal adds $929/yr while 5% annual appreciation compounds into $39,785 by year five. Five-year ROI records 227.04% and total cumulative return in cash reaches $108,378. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,872/mo property income versus a $705/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45322, Englewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,337 (100%) |
| Owner Occupied HU | 6,959 (74.5%) |
| Renter Occupied HU | 2,008 (21.5%) |
| Vacant Housing Units | 370 ( 4.0%) |
| Median Home Value | $195,998 |
| Average Home Value | $237,055 |
Housing Distribution
Address Breakdown
Residential
9,324
Single Family
8,933
Multi-Family
391
Businesses
535
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