2376 Bay Meadow StMadisonOH44057
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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 Madison at 2376 Bay Meadow St, Madison, OH, 44057 earns from $1,500/mo rent with a $1,214/mo payment. Total monthly income totals $1,500/mo. ROI tracks 17.99% on current figures, and rental yield reads 7.26% at a $248,000 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 over five years. Five-year ROI reaches 93.07% and total cumulative return in cash sums $76,518. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
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