2761 Shakespeare LnAvonOH44011
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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 Avon at 2761 Shakespeare Ln, Avon, OH, 44011 generates $2,210/mo in rent and, after a $1,322/mo payment, leaves $156/mo in cash flow. Total monthly income is $2,210/mo, and annual cash flow is $1,866/yr on $89,505 invested. Return on cash invested sits at 21.99% in year one, and rental yield is 9.82% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash sums $103,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,210/mo property income rather than buyer’s personal income.
Condo
Built in 1995
1,393 sqft lot
$N/A/sqft
$278 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44011, Avon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,423 (100%) |
| Owner Occupied HU | 7,673 (81.4%) |
| Renter Occupied HU | 1,381 (14.7%) |
| Vacant Housing Units | 369 ( 3.9%) |
| Median Home Value | $398,582 |
| Average Home Value | $420,931 |
Housing Distribution
Address Breakdown
Residential
9,393
Single Family
9,130
Multi-Family
263
Businesses
825
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