24345 Alexander RdBedfordOH44146
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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 Bedford at 24345 Alexander Rd, Bedford, OH, 44146 uses $56,322 cash to close to unlock $2,808/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,352/mo, and a $832/mo payment keeps the spread at $234/mo. Purchase price stands at $169,900, and rental yield measures 9.55% with $1,352/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash records $73,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,352/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44146, Bedford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,626 (100%) |
| Owner Occupied HU | 8,083 (51.7%) |
| Renter Occupied HU | 6,440 (41.2%) |
| Vacant Housing Units | 1,103 ( 7.1%) |
| Median Home Value | $171,047 |
| Average Home Value | $211,867 |
Housing Distribution
Address Breakdown
Residential
14,944
Single Family
10,555
Multi-Family
4,389
Businesses
1,314
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