315 Melody LnHubbardOH44425
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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 Hubbard at 315 Melody Ln, Hubbard, OH, 44425 earns $548/mo cash flow from $2,186/mo rent with a $1,219/mo payment. Total monthly income totals $2,186/mo, and annual cash flow totals $6,574/yr on $82,544 capital. ROI tracks 27.87% on current figures, and rental yield reads 10.53% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 146.07% and total cumulative return in cash sums $120,572. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,186/mo property income instead of your personal income.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44425, Hubbard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,722 (71.4%) |
| Renter Occupied HU | 1,427 (21.6%) |
| Vacant Housing Units | 468 ( 7.1%) |
| Median Home Value | $150,917 |
| Average Home Value | $168,614 |
Housing Distribution
Address Breakdown
Residential
6,494
Single Family
5,970
Multi-Family
524
Businesses
420
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