242 Bierley AvePembervilleOH43450
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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
Rental property for sale in Pemberville at 242 Bierley Ave, Pemberville, OH, 43450 offers $1,628/mo rent that, after a $783/mo payment, leaves $576/mo cash flow. Total monthly income is $1,628/mo, and annual cash flow is $6,908/yr on $53,040 cash. Return on cash invested measures 32.93% in year one, and rental yield stands at 12.21% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 173.22% and total cumulative return in cash reaches $91,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,628/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43450, Pemberville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 1,168 (76.7%) |
| Renter Occupied HU | 277 (18.2%) |
| Vacant Housing Units | 78 ( 5.1%) |
| Median Home Value | $261,834 |
| Average Home Value | $316,770 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,008
Multi-Family
33
Businesses
67
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Listed by: Gregory Zielinski • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6133389