244 5th St NEBarbertonOH44203
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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 Barberton at 244 5th St NE, Barberton, OH, 44203 offers a 9.62% rental yield on a $229,900 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $1,125/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,972/yr on $76,212 to close, and return on cash invested stands at 25.12% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 131.29% and total cumulative return in cash at $100,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44203, Barberton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 11,808 (65.1%) |
| Renter Occupied HU | 5,184 (28.6%) |
| Vacant Housing Units | 1,149 ( 6.3%) |
| Median Home Value | $169,856 |
| Average Home Value | $223,242 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
16,828
Multi-Family
725
Businesses
1,122
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