216 Linwood DrRio GrandeOH45674
Nearby investment properties with comparable rents
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 Rio Grande at 216 Linwood Dr, Rio Grande, OH, 45674 priced at $336,300 pairs $2,806/mo rent with $594/mo cash flow after a $1,646/mo payment. Total monthly income equals $2,806/mo, and annual cash flow comes to $7,127/yr on $111,483 invested. Return on cash invested is 26.3% in year one, and rental yield stands at 10.01% on a $336,300 basis. Equity gained on principal adds $2,170/yr, and 5% annual appreciation accumulates to $92,913 by year five. Five-year ROI measures 137.62% and total cumulative return in cash reaches $153,429. For financing, Ziffy Mortgage’s DSCR program evaluates $2,806/mo property income against a $1,646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45674, Rio Grande, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 92 (100%) |
| Owner Occupied HU | 38 (41.3%) |
| Renter Occupied HU | 36 (39.1%) |
| Vacant Housing Units | 18 (19.6%) |
| Median Home Value | $216,667 |
| Average Home Value | $197,171 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A