3117 Lawrence AveHuronOH44839
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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 Huron at 3117 Lawrence Ave, Huron, OH, 44839 offers a 7.95% rental yield on a $331,500 purchase with $2,195/mo rent. Total monthly income registers $2,195/mo, and a $1,623/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $168/yr on $109,892 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $2,139/yr while 5% annual appreciation supports $91,587 over five years. Portfolio math shows five-year ROI at 104.17% and total cumulative return in cash at $114,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,195/mo property income against a $1,623/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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