206 White Oaks CtRussells PointOH43348
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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 Russells Point at 206 White Oaks Ct, Russells Point, OH, 43348 offers a 9.03% rental yield on a $264,000 purchase with $1,987/mo rent. Total monthly income registers $1,987/mo, and a $1,292/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,007/yr on $87,516 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $1,704/yr while 5% annual appreciation supports $72,938 over five years. Portfolio math shows five-year ROI at 121.8% and total cumulative return in cash at $106,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,987/mo property income against a $1,292/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
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Listed by: Chad Long • Coldwell Banker Realty
Mls Name: WRIST
Mls ID: #1040947