223 General Lee StLagrangeOH44050
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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 Lagrange at 223 General Lee St, Lagrange, OH, 44050 listed at $500,000 pairs $3,742/mo rent with a $2,447/mo payment to leave $445/mo cash flow. Total monthly income runs $3,742/mo, and annual cash flow reaches $5,340/yr on $165,750 cash to close. Return on cash invested measures 23.13% in year one, and rental yield registers 8.98% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 120.68% and total cumulative return in cash totals $200,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,742/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.54 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
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