1985 Huron DrLondonOH43140
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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
Rental property for sale in London at 1985 Huron Dr, London, OH, 43140 priced at $389,900 converts $2,129/mo rent into after a $1,908/mo obligation. Total monthly income equals $2,129/mo. Return on cash invested prints 14.94% in year one, and rental yield reads 6.55% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 77.04% and total cumulative return in cash sums $99,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,129/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.41 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43140, London, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 5,740 (68.1%) |
| Renter Occupied HU | 2,056 (24.4%) |
| Vacant Housing Units | 633 ( 7.5%) |
| Median Home Value | $251,153 |
| Average Home Value | $294,249 |
Housing Distribution
Address Breakdown
Residential
8,196
Single Family
8,016
Multi-Family
180
Businesses
592
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Listed by: Andrew Hursh • Westwood Real Estate Co.
Mls Name: WRIST
Mls Provider:
Mls ID: #1035381
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.