23033 Cadiz RdFreeportOH43973
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 Freeport at 23033 Cadiz Rd, Freeport, OH, 43973 offers a 9.76% rental yield on a $184,900 purchase with $1,504/mo rent. Total monthly income registers $1,504/mo, and a $905/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,453/yr on $61,294 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 133.59% and total cumulative return in cash at $81,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,504/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43973, Freeport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 617 (60.7%) |
| Renter Occupied HU | 123 (12.1%) |
| Vacant Housing Units | 277 (27.2%) |
| Median Home Value | $225,781 |
| Average Home Value | $289,473 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
908
Multi-Family
20
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices