1872 Candlewood DrAvonOH44011
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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 Avon at 1872 Candlewood Dr, Avon, OH, 44011 uses $87,814 cash to close to unlock $1,681/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $1,297/mo payment keeps the spread at $140/mo. Purchase price stands at $264,900, and rental yield measures 8.53% with $1,883/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash records $99,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44011, Avon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,423 (100%) |
| Owner Occupied HU | 7,673 (81.4%) |
| Renter Occupied HU | 1,381 (14.7%) |
| Vacant Housing Units | 369 ( 3.9%) |
| Median Home Value | $398,582 |
| Average Home Value | $420,931 |
Housing Distribution
Address Breakdown
Residential
9,393
Single Family
9,130
Multi-Family
263
Businesses
825
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