207 E 11th 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 207 E 11th St, Genoa, OH, 43430 uses $82,875 cash to close to unlock $2,714/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $1,871/mo, and a $1,224/mo payment keeps the spread at $226/mo. Purchase price stands at $250,000, and rental yield measures 8.98% with $1,871/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 120.95% and total cumulative return in cash records $100,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,871/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1949
8,276 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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