333 Devonshire Rd,Vermilion,OH,44089

Investment Highlights

Rental property for sale in Vermilion at 333 Devonshire Rd, Vermilion, OH, 44089 generates $1,742/mo in rent and, after a $857/mo payment, leaves $590/mo in cash flow. Total monthly income is $1,742/mo, and annual cash flow is $7,085/yr on $58,013 invested. Return on cash invested sits at 32.12% in year one, and rental yield is 11.95% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 168.89% and total cumulative return in cash sums $97,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,742/mo property income rather than buyer’s personal income.