3264 Simpson Rd SEDennisonOH44621
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 Dennison at 3264 Simpson Rd SE, Dennison, OH, 44621 uses $82,046 cash to close to unlock $12,028/yr annual cash flow and $1,002/mo monthly cash flow. Total monthly income runs $2,630/mo, and a $1,211/mo payment keeps the spread at $1,002/mo. Purchase price stands at $247,500, and rental yield measures 12.75% with $2,630/mo rent. Return on cash invested shows 34.57% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 182% and total cumulative return in cash records $149,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,630/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44621, Dennison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,097 (100%) |
| Owner Occupied HU | 1,359 (64.8%) |
| Renter Occupied HU | 556 (26.5%) |
| Vacant Housing Units | 182 ( 8.7%) |
| Median Home Value | $158,234 |
| Average Home Value | $203,863 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,858
Multi-Family
70
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Taya Rocchi • The Holden Agency
Mls Name: MLS Now
Mls Provider:
Mls ID: #5144456
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