1816 Stone Ridge DrHinckleyOH44233
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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 Hinckley at 1816 Stone Ridge Dr, Hinckley, OH, 44233 generates $2,681/mo in rent, after a $7,586/mo payment. Total monthly income is $2,681/mo. Return on cash invested sits at 2.41% in year one, and rental yield is 2.08% on a $1,550,000 entry. Equity gained on principal adds $10,002/yr, while 5% annual appreciation builds toward $428,236 over five years. Five-year ROI reaches 9.45% and total cumulative return in cash sums $47,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,681/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44233, Hinckley, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,973 (91.9%) |
| Renter Occupied HU | 165 ( 5.1%) |
| Vacant Housing Units | 97 ( 3.0%) |
| Median Home Value | $479,463 |
| Average Home Value | $502,962 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,213
Multi-Family
0
Businesses
296
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