249 Forest Park DrLagrangeOH44050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Lagrange rentals match the income profile of 249 Forest Park Dr, Lagrange, OH, 44050. Listed at $210,000, gross rent is $2,377/mo and net cash flow is $825/mo, a 13.58% yield well above national averages. DSCR 2.52 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $58,019 by year five with $1,934/yr in annual principal reduction, projecting $133,831 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 6.2% |
| Monthly Cash Flow | $825 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,377 |
| Total Monthly Debt Service | $1,469 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
6,534 sqft lot
$N/A/sqft
$88 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Nearby investment properties with comparable rents
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
Single Family
Built in 1998
6,534 sqft lot
$N/A/sqft
$88 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Asa A Cox • CENTURY 21 Asa Cox Homes
Mls Name: MLS Now
Mls Provider:
Mls ID: #5112488
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