1830 N Phillips RdHarrodOH45850
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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 Harrod at 1830 N Phillips Rd, Harrod, OH, 45850 offers $2,964/mo rent that, after a $1,786/mo payment, leaves $564/mo cash flow. Total monthly income is $2,964/mo, and annual cash flow is $6,763/yr on $120,998 cash. Return on cash invested measures 25.5% in year one, and rental yield stands at 9.74% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 133.33% and total cumulative return in cash reaches $161,323. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,964/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45850, Harrod, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 1,188 (80.8%) |
| Renter Occupied HU | 167 (11.4%) |
| Vacant Housing Units | 116 ( 7.9%) |
| Median Home Value | $208,710 |
| Average Home Value | $235,793 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,441
Multi-Family
0
Businesses
40
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Listed by: Jacob McKissick • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304683
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.