261 Northridge DrBremenOH43107
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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 Bremen at 261 Northridge Dr, Bremen, OH, 43107 with 5% annual appreciation on a $340,000 basis while $2,343/mo rent supports operations. Total monthly income totals $2,343/mo and a $1,664/mo payment preserves $107/mo for cash returns. Annual cash flow comes to $1,280/yr on $112,710 deployed, and return on cash invested reaches 21.04% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 8.27%. Five-year ROI measures 109.45% and total cumulative return in cash totals $123,366.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,343/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43107, Bremen, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 955 (77.3%) |
| Renter Occupied HU | 196 (15.9%) |
| Vacant Housing Units | 84 ( 6.8%) |
| Median Home Value | $310,031 |
| Average Home Value | $330,764 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,161
Multi-Family
175
Businesses
66
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