205 W 4th StGenoaOH43430
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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 Genoa at 205 W 4th St, Genoa, OH, 43430 offers a 9.11% rental yield on a $219,900 purchase with $1,670/mo rent. Total monthly income registers $1,670/mo, and a $1,076/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,686/yr on $72,897 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 123.11% and total cumulative return in cash at $89,740. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,670/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43430, Genoa, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,961 (100%) |
| Owner Occupied HU | 1,510 (77.0%) |
| Renter Occupied HU | 324 (16.5%) |
| Vacant Housing Units | 127 ( 6.5%) |
| Median Home Value | $167,340 |
| Average Home Value | $188,194 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,856
Multi-Family
61
Businesses
133
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