23 Penny Rd SWCarrolltonOH44615
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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
Total monthly income runs $824/mo, and a $1,076/mo payment. Purchase price stands at $219,900, and rental yield measures 4.5% with $824/mo rent. Return on cash invested shows 9.67% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 48.45% and total cumulative return in cash records $35,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44615, Carrollton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,294 (100%) |
| Owner Occupied HU | 3,271 (61.8%) |
| Renter Occupied HU | 1,064 (20.1%) |
| Vacant Housing Units | 959 (18.1%) |
| Median Home Value | $194,886 |
| Average Home Value | $223,729 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
4,505
Multi-Family
43
Businesses
425
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Listed by: Lisa M Trummer • Tanner Real Estate Co.
Mls Name: MLS Now
Mls ID: #5151044