31 S Elm Tree RdConoverOH45317
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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
Investment property for sale in Conover at 31 S Elm Tree Rd, Conover, OH, 45317 with 5% annual appreciation on a $307,000 basis while $2,117/mo rent supports operations. Total monthly income totals $2,117/mo and a $1,503/mo payment preserves $97/mo for cash returns. Annual cash flow comes to $1,167/yr on $101,771 deployed, and return on cash invested reaches 21.06% in year one. Equity gained on principal adds $1,981/yr, and five-year appreciation sums $84,818 alongside rental yield of 8.27%. Five-year ROI measures 109.53% and total cumulative return in cash totals $111,470.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,117/mo property income versus a $1,503/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45317, Conover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 344 (80.0%) |
| Renter Occupied HU | 62 (14.4%) |
| Vacant Housing Units | 24 ( 5.6%) |
| Median Home Value | $254,255 |
| Average Home Value | $288,096 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
11
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Listed by: Aaron Brown • Royer Realty LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1031716
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.