303 Park AveProspectOH43342
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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 Prospect at 303 Park Ave, Prospect, OH, 43342 priced at $205,000 pairs $1,260/mo rent with after a $1,003/mo payment. Total monthly income equals $1,260/mo. Return on cash invested is 18.35% in year one, and rental yield stands at 7.38% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 95.01% and total cumulative return in cash reaches $64,566. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43342, Prospect, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,040 (78.1%) |
| Renter Occupied HU | 194 (14.6%) |
| Vacant Housing Units | 97 ( 7.3%) |
| Median Home Value | $262,963 |
| Average Home Value | $321,389 |
Housing Distribution
Address Breakdown
Residential
1,344
Single Family
1,344
Multi-Family
0
Businesses
44
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