228 Vineyard RdAvon LakeOH44012
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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 Avon Lake at 228 Vineyard Rd, Avon Lake, OH, 44012 with 5% annual appreciation on a $351,000 basis while $3,438/mo rent supports operations. Total monthly income totals $3,438/mo and a $1,718/mo payment preserves $1,121/mo for cash returns. Annual cash flow comes to $13,451/yr on $116,357 deployed, and return on cash invested reaches 31.47% in year one. Equity gained on principal adds $2,265/yr, and five-year appreciation sums $96,975 alongside rental yield of 11.75%. Five-year ROI measures 165.36% and total cumulative return in cash totals $192,412.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,438/mo property income versus a $1,718/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.38 Acres lot
$N/A/sqft
$99 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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