223-225 E Liberty StGirardOH44420
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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 Girard at 223-225 E Liberty St, Girard, OH, 44420 generates $1,800/mo in rent and, after a $929/mo payment, leaves $551/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $6,616/yr on $62,952 invested. Return on cash invested sits at 30.42% in year one, and rental yield is 11.37% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 159.77% and total cumulative return in cash sums $100,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 1937
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44420, Girard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,526 (63.1%) |
| Renter Occupied HU | 2,048 (28.5%) |
| Vacant Housing Units | 602 ( 8.4%) |
| Median Home Value | $130,324 |
| Average Home Value | $183,521 |
Housing Distribution
Address Breakdown
Residential
6,693
Single Family
5,946
Multi-Family
747
Businesses
459
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