2265 Moffett RdLucasOH44843
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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 Lucas at 2265 Moffett Rd, Lucas, OH, 44843 offers a 5.7% rental yield on a $311,500 purchase with $1,480/mo rent. 29% in year one. Equity gained on principal adds $2,010/yr while 5% annual appreciation supports $86,062 over five years. Portfolio math shows five-year ROI at 67.88% and total cumulative return in cash at $70,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $1,525/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44843, Lucas, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,035 (100%) |
| Owner Occupied HU | 873 (84.3%) |
| Renter Occupied HU | 118 (11.4%) |
| Vacant Housing Units | 44 ( 4.3%) |
| Median Home Value | $232,309 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
53
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