2416 Morningdew BlvdMaumeeOH43537
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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 Maumee at 2416 Morningdew Blvd, Maumee, OH, 43537 offers a 11.82% rental yield on a $301,000 purchase with $2,965/mo rent. Total monthly income registers $2,965/mo, and a $1,473/mo payment leaves $918/mo available for distribution. Annual cash flow reaches $11,017/yr on $99,782 to close, and return on cash invested stands at 30.95% in year one. Equity gained on principal adds $1,942/yr while 5% annual appreciation supports $83,161 over five years. Portfolio math shows five-year ROI at 162.89% and total cumulative return in cash at $162,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,965/mo property income against a $1,473/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43537, Maumee, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,138 (100%) |
| Owner Occupied HU | 9,268 (70.5%) |
| Renter Occupied HU | 3,309 (25.2%) |
| Vacant Housing Units | 561 ( 4.3%) |
| Median Home Value | $246,509 |
| Average Home Value | $287,671 |
Housing Distribution
Address Breakdown
Residential
12,940
Single Family
11,402
Multi-Family
1,538
Businesses
1,302
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