29620 Gleneagles Rd APT CPerrysburgOH43551
Nearby investment properties with comparable rents
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 Perrysburg at 29620 Gleneagles Rd APT C, Perrysburg, OH, 43551 uses $107,704 cash to close to unlock $5,965/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $3,132/mo, and a $1,590/mo payment keeps the spread at $497/mo. Purchase price stands at $324,900, and rental yield measures 11.57% with $3,132/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 135.11% and total cumulative return in cash records $145,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,132/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Baroncini • RE/MAX Executives
Mls Name: NORIS
Mls ID: #6125743
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.