279 Parish AveHubbardOH44425
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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 Hubbard at 279 Parish Ave, Hubbard, OH, 44425 priced at $180,000 converts $1,603/mo rent into $419/mo cash flow after a $881/mo obligation. Total monthly income equals $1,603/mo, and annual cash flow totals $5,028/yr on $59,670 invested. Return on cash invested prints 28.34% in year one, and rental yield reads 10.69% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 148.5% and total cumulative return in cash sums $88,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,603/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1959
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44425, Hubbard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,722 (71.4%) |
| Renter Occupied HU | 1,427 (21.6%) |
| Vacant Housing Units | 468 ( 7.1%) |
| Median Home Value | $150,917 |
| Average Home Value | $168,614 |
Housing Distribution
Address Breakdown
Residential
6,494
Single Family
5,970
Multi-Family
524
Businesses
420
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