311 Blue Ridge CtOstranderOH43061
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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 Ostrander at 311 Blue Ridge Ct, Ostrander, OH, 43061 offers $2,235/mo rent that, after a $1,905/mo payment. Total monthly income is $2,235/mo. Return on cash invested measures 16.88% in year one, and rental yield stands at 6.89% at a $389,311 entry. Equity gained on principal adds $2,512/yr while 5% annual appreciation compounds into $107,559 by year five. Five-year ROI records 87.13% and total cumulative return in cash reaches $112,448. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,235/mo property income versus a $1,905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43061, Ostrander, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,559 (88.1%) |
| Renter Occupied HU | 131 ( 7.4%) |
| Vacant Housing Units | 80 ( 4.5%) |
| Median Home Value | $478,672 |
| Average Home Value | $517,457 |
Housing Distribution
Address Breakdown
Residential
1,847
Single Family
1,847
Multi-Family
0
Businesses
72
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