294 Milton DrTallmadgeOH44278
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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 Tallmadge at 294 Milton Dr, Tallmadge, OH, 44278 priced at $359,900 pairs $2,215/mo rent with after a $1,762/mo payment. Total monthly income equals $2,215/mo. Return on cash invested is 18.37% in year one, and rental yield stands at 7.39% on a $359,900 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,434 by year five. Five-year ROI measures 95.15% and total cumulative return in cash reaches $113,522. For financing, Ziffy Mortgage’s DSCR program evaluates $2,215/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
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