24951 Reddington CtPerrysburgOH43551
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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 Perrysburg at 24951 Reddington Ct, Perrysburg, OH, 43551 generates $3,263/mo in rent, after a $2,604/mo payment. Total monthly income is $3,263/mo. Return on cash invested sits at 18.44% in year one, and rental yield is 7.36% on a $532,000 entry. Equity gained on principal adds $3,433/yr, while 5% annual appreciation builds toward $146,982 over five years. Five-year ROI reaches 95.44% and total cumulative return in cash sums $167,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,263/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
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Listed by: Cheri Chalfin • Keller Williams Realty Elevate
Mls Name: NORIS
Mls ID: #6133149