375 Grant AveMogadoreOH44260
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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 Mogadore at 375 Grant Ave, Mogadore, OH, 44260 offers a 6.73% rental yield on a $289,000 purchase with $1,620/mo rent. 38% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 84.46% and total cumulative return in cash at $80,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44260, Mogadore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,724 (100%) |
| Owner Occupied HU | 4,605 (80.5%) |
| Renter Occupied HU | 906 (15.8%) |
| Vacant Housing Units | 213 ( 3.7%) |
| Median Home Value | $215,562 |
| Average Home Value | $250,408 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,389
Multi-Family
17
Businesses
283
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