21 3rd AveButlerOH44822
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Nearby investment properties with comparable prices
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
Rental property for sale in Butler at 21 3rd Ave, Butler, OH, 44822 priced at $122,500 pairs $1,094/mo rent with $288/mo cash flow after a $600/mo payment. Total monthly income equals $1,094/mo, and annual cash flow comes to $3,453/yr on $40,609 invested. Return on cash invested is 28.41% in year one, and rental yield stands at 10.72% on a $122,500 basis. Equity gained on principal adds $790/yr, and 5% annual appreciation accumulates to $33,844 by year five. Five-year ROI measures 148.96% and total cumulative return in cash reaches $60,492. For financing, Ziffy Mortgage’s DSCR program evaluates $1,094/mo property income against a $600/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44822, Butler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,114 (78.5%) |
| Renter Occupied HU | 193 (13.6%) |
| Vacant Housing Units | 112 ( 7.9%) |
| Median Home Value | $250,242 |
| Average Home Value | $305,628 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
37
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