32591 Lake RdAvon LakeOH44012
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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 Avon Lake at 32591 Lake Rd, Avon Lake, OH, 44012 listed at $292,100 pairs $2,164/mo rent with a $1,430/mo payment to leave $242/mo cash flow. Total monthly income runs $2,164/mo, and annual cash flow reaches $2,908/yr on $96,831 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 8.89% at a $292,100 basis. Equity gained on principal adds $1,885/yr, and annual property appreciation at 5% supports $80,702 by year five. Five-year ROI tracks 119.48% and total cumulative return in cash totals $115,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,164/mo property income relative to a $1,430/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No 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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