3359 Eagles LoftCortlandOH44410
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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 Cortland at 3359 Eagles Loft, Cortland, OH, 44410 earns $178/mo cash flow from $1,056/mo rent with a $653/mo payment. Total monthly income totals $1,056/mo, and annual cash flow totals $2,139/yr on $44,255 capital. ROI tracks 24.74% on current figures, and rental yield reads 9.49% at a $133,500 purchase. Equity gained on principal adds $861/yr, and 5% annual appreciation supports $36,884 over five years. Five-year ROI reaches 129.36% and total cumulative return in cash sums $57,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,056/mo property income instead of your personal income.
Condo
Built in 1996
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44410, Cortland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 5,689 (74.8%) |
| Renter Occupied HU | 1,374 (18.1%) |
| Vacant Housing Units | 541 ( 7.1%) |
| Median Home Value | $205,225 |
| Average Home Value | $216,773 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,498
Multi-Family
246
Businesses
500
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