320 S McCord RdHollandOH43528
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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
Rental property for sale in Holland at 320 S McCord Rd, Holland, OH, 43528 offers $4,132/mo rent that, after a $974/mo payment, leaves $2,800/mo cash flow. Total monthly income is $4,132/mo, and annual cash flow is $33,600/yr on $65,969 cash. Return on cash invested measures 70.84% in year one, and rental yield stands at 24.92% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 376.63% and total cumulative return in cash reaches $248,454. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,132/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43528, Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,856 (100%) |
| Owner Occupied HU | 4,885 (71.3%) |
| Renter Occupied HU | 1,642 (23.9%) |
| Vacant Housing Units | 329 ( 4.8%) |
| Median Home Value | $283,192 |
| Average Home Value | $313,594 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,664
Multi-Family
246
Businesses
785
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Listed by: Tyler Tresize • LPG Realty
Mls Name: NORIS
Mls ID: #6120070
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.