1944 Pine Dr, Kent, OH, 44240 | 7.72% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kent at 1944 Pine Dr, Kent, OH, 44240 generates $1,866/mo in rent, after a $1,419/mo payment. Total monthly income is $1,866/mo. Return on cash invested sits at 13.14% in year one, and rental yield is 7.72% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 69.31% and total cumulative return in cash sums $66,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,866/mo property income rather than buyer’s personal income.

Condo

Built in 1977

3,258 sqft lot

$N/A/sqft

$501 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44240, Kent, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,908 (100%)
Owner Occupied HU	9,003 (45.2%)
Renter Occupied HU	9,113 (45.8%)
Vacant Housing Units	1,792 ( 9.0%)
Median Home Value	$248,403
Average Home Value	$283,411