216 Grand AveClydeOH43410
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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 Clyde at 216 Grand Ave, Clyde, OH, 43410 offers $1,076/mo rent that, after a $660/mo payment, leaves $189/mo cash flow. Total monthly income is $1,076/mo, and annual cash flow is $2,267/yr on $44,719 cash. Return on cash invested measures 24.98% in year one, and rental yield stands at 9.57% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 130.56% and total cumulative return in cash reaches $58,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,076/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43410, Clyde, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,450 (100%) |
| Owner Occupied HU | 3,265 (73.4%) |
| Renter Occupied HU | 921 (20.7%) |
| Vacant Housing Units | 264 ( 5.9%) |
| Median Home Value | $170,221 |
| Average Home Value | $183,434 |
Housing Distribution
Address Breakdown
Residential
4,283
Single Family
4,160
Multi-Family
123
Businesses
270
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