229 Jacobs RdHubbardOH44425
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 Hubbard at 229 Jacobs Rd, Hubbard, OH, 44425 uses $51,383 cash to close to unlock $2,893/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,261/mo, and a $759/mo payment keeps the spread at $241/mo. Purchase price stands at $155,000, and rental yield measures 9.76% with $1,261/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash records $68,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,261/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44425, Hubbard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,722 (71.4%) |
| Renter Occupied HU | 1,427 (21.6%) |
| Vacant Housing Units | 468 ( 7.1%) |
| Median Home Value | $150,917 |
| Average Home Value | $168,614 |
Housing Distribution
Address Breakdown
Residential
6,494
Single Family
5,970
Multi-Family
524
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices