2003 E County Line RdMineral RidgeOH44440
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 2003 E County Line Rd, Mineral Ridge, OH, 44440 in Mineral Ridge, $249,900, 8.61% gross yield, $150/mo net income. Consider it a market-entry position, the $1,794/mo rent covers the $1,124/mo payment with a margin, and 5%/yr appreciation is projected to add $69,043 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.60) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $104,873.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $150 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $1,544 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dina L Zidian • Zidian Real Estate
Mls Name: MLS Now
Mls ID: #5172562