3647 N Lake Shore DrJamestownOH45335
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 Jamestown at 3647 N Lake Shore Dr, Jamestown, OH, 45335 generates $1,943/mo in rent and, after a $1,419/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,943/mo, and annual cash flow is $432/yr on $96,102 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 8.04% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 105.75% and total cumulative return in cash sums $101,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,943/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45335, Jamestown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,995 (100%) |
| Owner Occupied HU | 2,301 (76.8%) |
| Renter Occupied HU | 486 (16.2%) |
| Vacant Housing Units | 208 ( 6.9%) |
| Median Home Value | $256,250 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
2,746
Single Family
2,721
Multi-Family
25
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices