2003 E County Line RdMineral RidgeOH44440
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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 Mineral Ridge at 2003 E County Line Rd, Mineral Ridge, OH, 44440 listed at $249,900 pairs $1,794/mo rent with a $1,223/mo payment to leave $150/mo cash flow. Total monthly income runs $1,794/mo, and annual cash flow reaches $1,804/yr on $82,842 cash to close. Return on cash invested measures 22.09% in year one, and rental yield registers 8.61% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 115.08% and total cumulative return in cash totals $95,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,794/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44440, Mineral Ridge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,864 (100%) |
| Owner Occupied HU | 1,413 (75.8%) |
| Renter Occupied HU | 330 (17.7%) |
| Vacant Housing Units | 121 ( 6.5%) |
| Median Home Value | $173,476 |
| Average Home Value | $173,309 |
Housing Distribution
Address Breakdown
Residential
1,878
Single Family
1,768
Multi-Family
110
Businesses
103
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Listed by: Dina L Zidian • Zidian Real Estate
Mls Name: MLS Now
Mls ID: #5172562