3016 Lexington Glen BlvdMonclovaOH43542
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 Monclova at 3016 Lexington Glen Blvd, Monclova, OH, 43542 listed at $429,900 pairs $4,145/mo rent with a $2,104/mo payment to leave $1,317/mo cash flow. Total monthly income runs $4,145/mo, and annual cash flow reaches $15,808/yr on $142,512 cash to close. Return on cash invested measures 31% in year one, and rental yield registers 11.57% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 162.85% and total cumulative return in cash totals $232,075. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,145/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43542, Monclova, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,376 (91.7%) |
| Renter Occupied HU | 82 ( 5.5%) |
| Vacant Housing Units | 42 ( 2.8%) |
| Median Home Value | $386,345 |
| Average Home Value | $401,061 |
Housing Distribution
Address Breakdown
Residential
1,626
Single Family
1,626
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices