2831 Sterling Dr NWCarrollOH43112
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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 Carroll at 2831 Sterling Dr NW, Carroll, OH, 43112 uses $145,694 cash to close to unlock $7,010/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $3,475/mo, and a $2,151/mo payment keeps the spread at $584/mo. Purchase price stands at $439,500, and rental yield measures 9.49% with $3,475/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $121,426 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash records $188,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,475/mo property income covering a $2,151/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43112, Carroll, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,728 (83.5%) |
| Renter Occupied HU | 265 (12.8%) |
| Vacant Housing Units | 76 ( 3.7%) |
| Median Home Value | $411,136 |
| Average Home Value | $444,929 |
Housing Distribution
Address Breakdown
Residential
1,750
Single Family
1,700
Multi-Family
50
Businesses
206
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