1920 N Wooster AveDoverOH44622
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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 Dover at 1920 N Wooster Ave, Dover, OH, 44622 uses $60,002 cash to close to unlock $4,600/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $886/mo payment keeps the spread at $383/mo. Purchase price stands at $181,000, and rental yield measures 10.44% with $1,574/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 144.51% and total cumulative return in cash records $86,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $886/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44622, Dover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,472 (66.0%) |
| Renter Occupied HU | 2,243 (27.1%) |
| Vacant Housing Units | 570 ( 6.9%) |
| Median Home Value | $232,976 |
| Average Home Value | $281,470 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,548
Multi-Family
398
Businesses
704
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