3219 Elyria DrVermilionOH44089
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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 Vermilion at 3219 Elyria Dr, Vermilion, OH, 44089 listed at $119,900 pairs $919/mo rent with a $587/mo payment to leave $115/mo cash flow. Total monthly income runs $919/mo, and annual cash flow reaches $1,381/yr on $39,747 cash to close. Return on cash invested measures 23.38% in year one, and rental yield registers 9.2% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 122.27% and total cumulative return in cash totals $48,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $919/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
8,973 sqft lot
$N/A/sqft
No HOA
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Listed by: Judith A. Pokorny • Key Realty LTD
Mls Name: NORIS
Mls ID: #6135220
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. 2025 NORIS. All rights reserved.