227 E Broadway StNorth BaltimoreOH45872
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
Investment property for sale in North Baltimore at 227 E Broadway St, North Baltimore, OH, 45872 offers a 10.5% rental yield on a $229,900 purchase with $2,012/mo rent. Total monthly income registers $2,012/mo, and a $1,125/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,000/yr on $76,212 to close, and return on cash invested stands at 27.78% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 145.55% and total cumulative return in cash at $110,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,012/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45872, North Baltimore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,793 (100%) |
| Owner Occupied HU | 1,213 (67.7%) |
| Renter Occupied HU | 461 (25.7%) |
| Vacant Housing Units | 119 ( 6.6%) |
| Median Home Value | $140,453 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,566
Multi-Family
123
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Williams • Key Realty
Mls Name: NORIS
Mls ID: #10000376