21 Scott AveButlerOH44822
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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
Rental property for sale in Butler at 21 Scott Ave, Butler, OH, 44822 priced at $168,500 converts $1,299/mo rent into $190/mo cash flow after a $825/mo obligation. Total monthly income equals $1,299/mo, and annual cash flow totals $2,284/yr on $55,858 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.25% against a $168,500 entry. Equity gained on principal adds $1,087/yr, while 5% annual appreciation compiles into $46,553 by year five. Five-year ROI reaches 125.34% and total cumulative return in cash sums $70,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,299/mo property income covering a $825/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.25 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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