32311 Walnut CtAvon LakeOH44012
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 Avon Lake at 32311 Walnut Ct, Avon Lake, OH, 44012 earns $1,241/mo cash flow from $3,847/mo rent with a $1,884/mo payment. Total monthly income totals $3,847/mo, and annual cash flow totals $14,897/yr on $127,628 capital. ROI tracks 31.58% on current figures, and rental yield reads 11.99% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 166.21% and total cumulative return in cash sums $212,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,847/mo property income instead of your personal income.
Single Family
Built in 1987
8,712 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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