371 Oliver RdMinfordOH45653
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 Minford at 371 Oliver Rd, Minford, OH, 45653 priced at $160,000 pairs $1,217/mo rent with $165/mo cash flow after a $783/mo payment. Total monthly income equals $1,217/mo, and annual cash flow comes to $1,976/yr on $53,040 invested. Return on cash invested is 23.63% in year one, and rental yield stands at 9.13% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 123.37% and total cumulative return in cash reaches $65,438. For financing, Ziffy Mortgage’s DSCR program evaluates $1,217/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45653, Minford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,129 (71.0%) |
| Renter Occupied HU | 327 (20.6%) |
| Vacant Housing Units | 135 ( 8.5%) |
| Median Home Value | $202,332 |
| Average Home Value | $211,351 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices