209 W Main StNorth FairfieldOH44855
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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
Total monthly income runs $1,564/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 5.36% with $1,564/mo rent. Return on cash invested shows 12.27% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 62.41% and total cumulative return in cash records $72,410. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,564/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1900
12.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44855, North Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 340 (76.6%) |
| Renter Occupied HU | 60 (13.5%) |
| Vacant Housing Units | 44 ( 9.9%) |
| Median Home Value | $169,149 |
| Average Home Value | $182,382 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
20
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Listed by: Annette L. Wilcox • Century 21 Wilcox & Associates
Mls Name: Firelands MLS
Mls ID: #20253065