317 Peffer AveNilesOH44446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Niles at 317 Peffer Ave, Niles, OH, 44446 at $119,000 posts ROI 24.25% with $143/mo cash flow from $925/mo rent. Total monthly income equals $925/mo, and annual cash flow records $1,712/yr on $39,449 to close. Return on cash invested measures 24.25% and rental yield reads 9.33% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 126.65% and total cumulative return in cash totals $49,961.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44446, Niles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,343 (100%) |
| Owner Occupied HU | 5,642 (54.5%) |
| Renter Occupied HU | 3,682 (35.6%) |
| Vacant Housing Units | 1,019 ( 9.9%) |
| Median Home Value | $117,049 |
| Average Home Value | $152,137 |
Housing Distribution
Address Breakdown
Residential
9,714
Single Family
8,011
Multi-Family
1,703
Businesses
739
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Nearby investment properties with comparable prices
Listed by: Nicole D Hansen • Brokers Realty Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #5107423
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