1992 Heron Glen CtMacedoniaOH44056
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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 Macedonia at 1992 Heron Glen Ct, Macedonia, OH, 44056 listed at $229,000 pairs $1,576/mo rent with a $1,121/mo payment to leave $70/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $834/yr on $75,914 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 8.26% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 109.25% and total cumulative return in cash totals $82,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
2,617 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44056, Macedonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,121 (100%) |
| Owner Occupied HU | 4,488 (87.6%) |
| Renter Occupied HU | 460 ( 9.0%) |
| Vacant Housing Units | 173 ( 3.4%) |
| Median Home Value | $329,079 |
| Average Home Value | $338,703 |
Housing Distribution
Address Breakdown
Residential
5,051
Single Family
4,835
Multi-Family
216
Businesses
408
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