192 Chestnut AveNorthfieldOH44067
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Nearby investment properties with comparable prices
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 Northfield at 192 Chestnut Ave, Northfield, OH, 44067 at $189,900 posts ROI 24.42% with $236/mo cash flow from $1,505/mo rent. Total monthly income equals $1,505/mo, and annual cash flow records $2,837/yr on $62,952 to close. Return on cash invested measures 24.42% and rental yield reads 9.51% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 127.71% and total cumulative return in cash totals $80,393.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,505/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44067, Northfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,881 (100%) |
| Owner Occupied HU | 7,229 (81.4%) |
| Renter Occupied HU | 1,393 (15.7%) |
| Vacant Housing Units | 259 ( 2.9%) |
| Median Home Value | $283,482 |
| Average Home Value | $302,728 |
Housing Distribution
Address Breakdown
Residential
8,890
Single Family
8,187
Multi-Family
703
Businesses
472
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Listed by: Stan Gudalevich • Howard Hanna
Mls Name: MLS Now
Mls ID: #5063555