24 Center StLeetoniaOH44431
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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 Leetonia at 24 Center St, Leetonia, OH, 44431 generates $1,320/mo in rent and, after a $842/mo payment, leaves $188/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $2,262/yr on $57,018 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.21% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 124.68% and total cumulative return in cash sums $71,089. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44431, Leetonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,476 (74.8%) |
| Renter Occupied HU | 303 (15.4%) |
| Vacant Housing Units | 194 ( 9.8%) |
| Median Home Value | $183,263 |
| Average Home Value | $268,015 |
Housing Distribution
Address Breakdown
Residential
1,911
Single Family
1,911
Multi-Family
0
Businesses
104
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