270 State RdHinckleyOH44233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hinckley at 270 State Rd, Hinckley, OH, 44233 with 5% annual appreciation on a $299,900 basis while $2,681/mo rent supports operations. Total monthly income totals $2,681/mo and a $1,468/mo payment preserves $708/mo for cash returns. Annual cash flow comes to $8,498/yr on $99,417 deployed, and return on cash invested reaches 28.46% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 10.73%. Five-year ROI measures 149.23% and total cumulative return in cash totals $148,360.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,681/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44233, Hinckley, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 2,973 (91.9%) |
| Renter Occupied HU | 165 ( 5.1%) |
| Vacant Housing Units | 97 ( 3.0%) |
| Median Home Value | $479,463 |
| Average Home Value | $502,962 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,213
Multi-Family
0
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices