19271 W Witty RdElmoreOH43416
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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 Elmore at 19271 W Witty Rd, Elmore, OH, 43416 offers a 10.05% rental yield on a $319,900 purchase with $2,680/mo rent. Total monthly income registers $2,680/mo, and a $1,566/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,906/yr on $106,047 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 138.29% and total cumulative return in cash at $146,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,680/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43416, Elmore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,227 (100%) |
| Owner Occupied HU | 945 (77.0%) |
| Renter Occupied HU | 198 (16.1%) |
| Vacant Housing Units | 84 ( 6.8%) |
| Median Home Value | $193,555 |
| Average Home Value | $230,333 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
992
Multi-Family
60
Businesses
87
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Listed by: Chad Brandeberry • Key Realty
Mls Name: NORIS
Mls ID: #6122102
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.