255 N Pine StLakeviewOH43331
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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 Lakeview at 255 N Pine St, Lakeview, OH, 43331 offers a 7.1% rental yield on a $399,999 purchase with $2,365/mo rent. 05% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 88.17% and total cumulative return in cash at $116,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,365/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.27 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43331, Lakeview, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 1,676 (41.8%) |
| Renter Occupied HU | 480 (12.0%) |
| Vacant Housing Units | 1,856 (46.3%) |
| Median Home Value | $211,699 |
| Average Home Value | $252,800 |
Housing Distribution
Address Breakdown
Residential
2,399
Single Family
2,399
Multi-Family
0
Businesses
85
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Listed by: Jill MacDonald • Choice Properties Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1039704
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.