1880 Meadow 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
Investment property for sale in Hinckley at 1880 Meadow Dr, Hinckley, OH, 44233 uses $259,417 cash to close to unlock $6,498/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $5,732/mo, and a $3,859/mo payment keeps the spread at $542/mo. Purchase price stands at $788,500, and rental yield measures 8.72% with $5,732/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $217,848 over five years. Five-year ROI reaches 117.58% and total cumulative return in cash records $305,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,732/mo property income covering a $3,859/mo payment rather than investor’s personal income.
Single Family
Built in 1991
4.71 Acres lot
$N/A/sqft
$50 annually 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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