251 Slate Ridge DrBarbertonOH44203
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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 Barberton at 251 Slate Ridge Dr, Barberton, OH, 44203 priced at $210,000 converts $1,080/mo rent into after a $1,028/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 14.71% in year one, and rental yield reads 6.17% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 75.51% and total cumulative return in cash sums $52,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,663 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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