185 Reserve DrTallmadgeOH44278
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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
Investment property for sale in Tallmadge at 185 Reserve Dr, Tallmadge, OH, 44278 offers a 8.11% rental yield on a $434,900 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $2,129/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $947/yr on $144,169 to close, and return on cash invested stands at 20.57% in year one. Equity gained on principal adds $2,806/yr while 5% annual appreciation supports $120,155 over five years. Portfolio math shows five-year ROI at 106.87% and total cumulative return in cash at $154,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
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