340 Park DrLuckeyOH43443
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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 Luckey at 340 Park Dr, Luckey, OH, 43443 with 5% annual appreciation on a $249,900 basis while $1,828/mo rent supports operations. Total monthly income totals $1,828/mo and a $1,223/mo payment preserves $184/mo for cash returns. Annual cash flow comes to $2,212/yr on $82,842 deployed, and return on cash invested reaches 22.58% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.78%. Five-year ROI measures 117.71% and total cumulative return in cash totals $97,514.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,828/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43443, Luckey, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 562 (73.0%) |
| Renter Occupied HU | 165 (21.4%) |
| Vacant Housing Units | 43 ( 5.6%) |
| Median Home Value | $219,620 |
| Average Home Value | $250,681 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
49
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