314 Deer Creek TrlCortlandOH44410
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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 Cortland at 314 Deer Creek Trl, Cortland, OH, 44410 at $355,000 posts ROI 24.24% with $424/mo cash flow from $2,760/mo rent. Total monthly income equals $2,760/mo, and annual cash flow records $5,093/yr on $117,683 to close. Return on cash invested measures 24.24% and rental yield reads 9.33% at the current $355,000. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 126.58% and total cumulative return in cash totals $148,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44410, Cortland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 5,689 (74.8%) |
| Renter Occupied HU | 1,374 (18.1%) |
| Vacant Housing Units | 541 ( 7.1%) |
| Median Home Value | $205,225 |
| Average Home Value | $216,773 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,498
Multi-Family
246
Businesses
500
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