2401 Collins RdCollinsOH44826
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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 Collins at 2401 Collins Rd, Collins, OH, 44826 priced at $219,000 converts $1,771/mo rent into $330/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,771/mo, and annual cash flow totals $3,964/yr on $72,599 invested. Return on cash invested prints 25.37% in year one, and rental yield reads 9.7% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 132.68% and total cumulative return in cash sums $96,321. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,771/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Single Family
Built in 1997
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44826, Collins, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 546 (79.1%) |
| Renter Occupied HU | 103 (14.9%) |
| Vacant Housing Units | 41 ( 5.9%) |
| Median Home Value | $234,016 |
| Average Home Value | $255,279 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
17
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