204 E 7th StSycamoreOH44882
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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 Sycamore at 204 E 7th St, Sycamore, OH, 44882 uses $53,040 cash to close to unlock $2,492/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $783/mo payment keeps the spread at $208/mo. Purchase price stands at $159,999, and rental yield measures 9.45% with $1,260/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash records $68,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44882, Sycamore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,170 (100%) |
| Owner Occupied HU | 892 (76.2%) |
| Renter Occupied HU | 187 (16.0%) |
| Vacant Housing Units | 91 ( 7.8%) |
| Median Home Value | $180,093 |
| Average Home Value | $230,880 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
944
Multi-Family
0
Businesses
55
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