322 Ohio AveGirardOH44420
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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 Girard at 322 Ohio Ave, Girard, OH, 44420 priced at $130,000 pairs $1,305/mo rent with $450/mo cash flow after a $636/mo payment. Total monthly income equals $1,305/mo, and annual cash flow comes to $5,402/yr on $43,095 invested. Return on cash invested is 32.44% in year one, and rental yield stands at 12.05% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 170.7% and total cumulative return in cash reaches $73,563. For financing, Ziffy Mortgage’s DSCR program evaluates $1,305/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44420, Girard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,526 (63.1%) |
| Renter Occupied HU | 2,048 (28.5%) |
| Vacant Housing Units | 602 ( 8.4%) |
| Median Home Value | $130,324 |
| Average Home Value | $183,521 |
Housing Distribution
Address Breakdown
Residential
6,693
Single Family
5,946
Multi-Family
747
Businesses
459
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