20 Main Street CirSylvaniaOH43560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sylvania at 20 Main Street Cir, Sylvania, OH, 43560 uses $102,765 cash to close to unlock $5,402/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $2,489/mo, and a $1,517/mo payment keeps the spread at $450/mo. Purchase price stands at $310,000, and rental yield measures 9.63% with $2,489/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash records $135,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,489/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices