180 N Oak StLakeviewOH43331
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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 Lakeview at 180 N Oak St, Lakeview, OH, 43331 priced at $139,900 converts $1,396/mo rent into $476/mo cash flow after a $685/mo obligation. Total monthly income equals $1,396/mo, and annual cash flow totals $5,706/yr on $46,377 invested. Return on cash invested prints 32.21% in year one, and rental yield reads 11.97% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 169.38% and total cumulative return in cash sums $78,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,396/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43331, Lakeview, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 1,676 (41.8%) |
| Renter Occupied HU | 480 (12.0%) |
| Vacant Housing Units | 1,856 (46.3%) |
| Median Home Value | $211,699 |
| Average Home Value | $252,800 |
Housing Distribution
Address Breakdown
Residential
2,399
Single Family
2,399
Multi-Family
0
Businesses
85
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Listed by: Ryan Rigel • Stegall and Associates Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1020462
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.