279 Monroe St, Monroeville, OH, 44847 | $370/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroeville at 279 Monroe St, Monroeville, OH, 44847 offers a 10.37% rental yield on a $179,900 purchase with $1,554/mo rent. Total monthly income registers $1,554/mo, and a $881/mo payment leaves $370/mo available for distribution. Annual cash flow reaches $4,442/yr on $59,637 to close, and return on cash invested stands at 27.36% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 143.36% and total cumulative return in cash at $85,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.38 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44847, Monroeville, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,501 (100%)
Owner Occupied HU	1,139 (75.9%)
Renter Occupied HU	276 (18.4%)
Vacant Housing Units	86 ( 5.7%)
Median Home Value	$199,867
Average Home Value	$230,217