311 Harvest DrMetamoraOH43540
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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 Metamora at 311 Harvest Dr, Metamora, OH, 43540 listed at $189,500 pairs $2,699/mo rent with a $928/mo payment to leave $1,452/mo cash flow. Total monthly income runs $2,699/mo, and annual cash flow reaches $17,424/yr on $62,819 cash to close. Return on cash invested measures 47.65% in year one, and rental yield registers 17.09% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 252.15% and total cumulative return in cash totals $158,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,699/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43540, Metamora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 469 (80.0%) |
| Renter Occupied HU | 86 (14.7%) |
| Vacant Housing Units | 31 ( 5.3%) |
| Median Home Value | $244,853 |
| Average Home Value | $270,954 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
33
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Listed by: Gary L. Harmon Jr • Loss Realty Group
Mls Name: NORIS
Mls ID: #6116740
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. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.