286 Jaycox RdAvon LakeOH44012
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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 Lake at 286 Jaycox Rd, Avon Lake, OH, 44012 offers $1,939/mo rent that, after a $1,321/mo payment, leaves $164/mo cash flow. Total monthly income is $1,939/mo, and annual cash flow is $1,964/yr on $89,472 cash. Return on cash invested measures 22.1% in year one, and rental yield stands at 8.62% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 115.14% and total cumulative return in cash reaches $103,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,939/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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