2555 Walnut StGirardOH44420
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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 Girard at 2555 Walnut St, Girard, OH, 44420 uses $64,941 cash to close to unlock $5,967/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $959/mo payment keeps the spread at $497/mo. Purchase price stands at $195,900, and rental yield measures 10.94% with $1,786/mo rent. Return on cash invested shows 29.1% in year one, and 5% annual appreciation builds toward $54,124 over five years. Five-year ROI reaches 152.68% and total cumulative return in cash records $99,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $959/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44420, Girard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,526 (63.1%) |
| Renter Occupied HU | 2,048 (28.5%) |
| Vacant Housing Units | 602 ( 8.4%) |
| Median Home Value | $130,324 |
| Average Home Value | $183,521 |
Housing Distribution
Address Breakdown
Residential
6,693
Single Family
5,946
Multi-Family
747
Businesses
459
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