2851 Shakespeare LnAvonOH44011
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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 Avon at 2851 Shakespeare Ln, Avon, OH, 44011 offers a 8.62% rental yield on a $239,500 purchase with $1,720/mo rent. Total monthly income registers $1,720/mo, and a $1,172/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,738/yr on $79,394 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,169 over five years. Portfolio math shows five-year ROI at 115.1% and total cumulative return in cash at $91,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No 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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