35 Greenwich Milan Townline Rd NNorth FairfieldOH44855
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
Rental property for sale in North Fairfield at 35 Greenwich Milan Townline Rd N, North Fairfield, OH, 44855 priced at $175,000 converts $1,342/mo rent into $190/mo cash flow after a $857/mo obligation. Total monthly income equals $1,342/mo, and annual cash flow totals $2,285/yr on $58,013 invested. Return on cash invested prints 23.85% in year one, and rental yield reads 9.2% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 124.54% and total cumulative return in cash sums $72,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,342/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44855, North Fairfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 340 (76.6%) |
| Renter Occupied HU | 60 (13.5%) |
| Vacant Housing Units | 44 ( 9.9%) |
| Median Home Value | $169,149 |
| Average Home Value | $182,382 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
20
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Listed by: Landen J. Barr • EXP Realty, LLC
Mls Name: Firelands MLS
Mls ID: #20250471
Disclaimer: Listing information is deemed reliable, but not guaranteed.