2288 Us Highway 224 EGreenwichOH44837
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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 Greenwich at 2288 Us Highway 224 E, Greenwich, OH, 44837 generates $1,678/mo in rent and, after a $1,028/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,678/mo, and annual cash flow is $3,558/yr on $69,615 invested. Return on cash invested sits at 25.02% in year one, and rental yield is 9.59% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 130.8% and total cumulative return in cash sums $91,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,678/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44837, Greenwich, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,182 (69.1%) |
| Renter Occupied HU | 382 (22.3%) |
| Vacant Housing Units | 146 ( 8.5%) |
| Median Home Value | $180,233 |
| Average Home Value | $268,615 |
Housing Distribution
Address Breakdown
Residential
1,613
Single Family
1,485
Multi-Family
128
Businesses
86
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