38 Anglers LnLagrangeOH44050
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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 Lagrange at 38 Anglers Ln, Lagrange, OH, 44050 offers $1,680/mo rent that, after a $832/mo payment, leaves $425/mo cash flow. Total monthly income is $1,680/mo, and annual cash flow is $5,101/yr on $56,322 cash. Return on cash invested measures 28.97% in year one, and rental yield stands at 11.87% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 153.09% and total cumulative return in cash reaches $86,222. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
5,662 sqft lot
$N/A/sqft
$80 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $169,900 |
| 2023-05-19 | Sold | $40,000 |
| 2023-03-31 | Pending sale | $45,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $3265.12 | 0.62% | $26,000 | N/A |
| 2022-02-15 | $3244.86 | 0.05% | $26,000 | N/A |
| 2021-02-15 | $3243.26 | 4.46% | $26,000 | 18.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1971
- Architectural Style: Modular/Prefab
- Building Area: 1,440
- Living Area: 1,440 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Other
- Cooling: Other
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Concrete
HOA & Fees
- HOA Fee: $80 monthly
- Association Fee: $80 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Association Management, Common Area Maintenance, Recreation Facilities, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Wilmont E Baker • Century 21 DeAnna Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5098589
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