302 N Center StLagrangeOH44050
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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 Lagrange at 302 N Center St, Lagrange, OH, 44050 with 5% annual appreciation on a $114,500 basis while $866/mo rent supports operations. Total monthly income totals $866/mo and a $560/mo payment preserves $113/mo for cash returns. Annual cash flow comes to $1,359/yr on $37,957 deployed, and return on cash invested reaches 23.49% in year one. Equity gained on principal adds $739/yr, and five-year appreciation sums $31,634 alongside rental yield of 9.08%. Five-year ROI measures 122.66% and total cumulative return in cash totals $46,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $866/mo property income versus a $560/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
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