220 Lincoln AveNilesOH44446
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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 Niles at 220 Lincoln Ave, Niles, OH, 44446 at $114,000 posts ROI 43.66% with $748/mo cash flow from $1,498/mo rent. Total monthly income equals $1,498/mo, and annual cash flow records $8,977/yr on $37,791 to close. Return on cash invested measures 43.66% and rental yield reads 15.77% at the current $114,000. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 by year five. Five-year ROI prints 230.87% and total cumulative return in cash totals $87,247.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,498/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
8,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44446, Niles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,343 (100%) |
| Owner Occupied HU | 5,642 (54.5%) |
| Renter Occupied HU | 3,682 (35.6%) |
| Vacant Housing Units | 1,019 ( 9.9%) |
| Median Home Value | $117,049 |
| Average Home Value | $152,137 |
Housing Distribution
Address Breakdown
Residential
9,714
Single Family
8,011
Multi-Family
1,703
Businesses
739
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