321 Overlook RdVermilionOH44089
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
Rental property for sale in Vermilion at 321 Overlook Rd, Vermilion, OH, 44089 offers $798/mo rent that, after a $489/mo payment, leaves $141/mo cash flow. Total monthly income is $798/mo, and annual cash flow is $1,688/yr on $33,150 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.58% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 130.73% and total cumulative return in cash reaches $43,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $798/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Arndt • Keller Williams Citywide
Mls Name: MLS Now
Mls Provider:
Mls ID: #5134811
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