349 E Hopocan AveBarbertonOH44203
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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 Barberton at 349 E Hopocan Ave, Barberton, OH, 44203 offers a 10.15% rental yield on a $119,900 purchase with $1,014/mo rent. Total monthly income registers $1,014/mo, and a $587/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,702/yr on $39,747 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 139.9% and total cumulative return in cash at $55,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44203, Barberton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 11,808 (65.1%) |
| Renter Occupied HU | 5,184 (28.6%) |
| Vacant Housing Units | 1,149 ( 6.3%) |
| Median Home Value | $169,856 |
| Average Home Value | $223,242 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
16,828
Multi-Family
725
Businesses
1,122
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