215 Cherry 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 215 Cherry St, Genoa, OH, 43430 at $385,000 posts ROI 15.42% with from $2,055/mo rent. Total monthly income equals $2,055/mo. Return on cash invested measures 15.42% and rental yield reads 6.41% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 79.28% and total cumulative return in cash totals $101,182. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,055/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
7,501 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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