247 E Sunset DrRittmanOH44270
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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 Rittman at 247 E Sunset Dr, Rittman, OH, 44270 offers $1,020/mo rent that, after a $1,057/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 13.2% in year one, and rental yield stands at 5.67% at a $215,900 entry. Equity gained on principal adds $1,393/yr while 5% annual appreciation compounds into $59,649 by year five. Five-year ROI records 67.38% and total cumulative return in cash reaches $48,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $1,057/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44270, Rittman, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,439 (66.8%) |
| Renter Occupied HU | 997 (27.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $209,012 |
| Average Home Value | $244,429 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,429
Multi-Family
93
Businesses
171
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