21100 Schenck Creek RdHowardOH43028
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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 Howard at 21100 Schenck Creek Rd, Howard, OH, 43028 uses $158,755 cash to close to unlock $1,366/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $3,264/mo, and a $2,344/mo payment keeps the spread at $114/mo. Purchase price stands at $478,900, and rental yield measures 8.18% with $3,264/mo rent. Return on cash invested shows 20.77% in year one, and 5% annual appreciation builds toward $132,311 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash records $171,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,264/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1978
6.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43028, Howard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 2,753 (69.8%) |
| Renter Occupied HU | 379 ( 9.6%) |
| Vacant Housing Units | 812 (20.6%) |
| Median Home Value | $276,205 |
| Average Home Value | $342,382 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,572
Multi-Family
0
Businesses
84
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