307 Lincoln Ave NWCarrolltonOH44615
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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 Carrollton at 307 Lincoln Ave NW, Carrollton, OH, 44615 priced at $219,900 converts $824/mo rent into after a $1,076/mo obligation. Total monthly income equals $824/mo. Return on cash invested prints 9.67% in year one, and rental yield reads 4.5% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 48.45% and total cumulative return in cash sums $35,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $824/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,383 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44615, Carrollton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,294 (100%) |
| Owner Occupied HU | 3,271 (61.8%) |
| Renter Occupied HU | 1,064 (20.1%) |
| Vacant Housing Units | 959 (18.1%) |
| Median Home Value | $194,886 |
| Average Home Value | $223,729 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
4,505
Multi-Family
43
Businesses
425
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Listed by: Landon S Kamban • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5170212