304 Columbiana St NENavarreOH44662
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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 Navarre at 304 Columbiana St NE, Navarre, OH, 44662 offers $2,328/mo rent that, after a $1,542/mo payment, leaves $256/mo cash flow. Total monthly income is $2,328/mo, and annual cash flow is $3,069/yr on $104,423 cash. Return on cash invested measures 22.85% in year one, and rental yield stands at 8.87% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 119.11% and total cumulative return in cash reaches $124,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,328/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44662, Navarre, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 3,115 (74.6%) |
| Renter Occupied HU | 828 (19.8%) |
| Vacant Housing Units | 234 ( 5.6%) |
| Median Home Value | $233,647 |
| Average Home Value | $274,310 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,943
Multi-Family
85
Businesses
192
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