383 2nd St SEBrewsterOH44613
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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 Brewster at 383 2nd St SE, Brewster, OH, 44613 uses $51,349 cash to close to unlock $1,851/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,173/mo, and a $758/mo payment keeps the spread at $154/mo. Purchase price stands at $154,900, and rental yield measures 9.09% with $1,173/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 122.78% and total cumulative return in cash records $63,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,173/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1928
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44613, Brewster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 842 (100%) |
| Owner Occupied HU | 595 (70.7%) |
| Renter Occupied HU | 178 (21.1%) |
| Vacant Housing Units | 69 ( 8.2%) |
| Median Home Value | $167,824 |
| Average Home Value | $198,874 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
67
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