384 Fowler StCortlandOH44410
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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 Cortland at 384 Fowler St, Cortland, OH, 44410 listed at $174,900 pairs $1,056/mo rent with a $856/mo payment. Total monthly income runs $1,056/mo. Return on cash invested measures 17.95% in year one, and rental yield registers 7.25% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 92.91% and total cumulative return in cash totals $53,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,056/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44410, Cortland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 5,689 (74.8%) |
| Renter Occupied HU | 1,374 (18.1%) |
| Vacant Housing Units | 541 ( 7.1%) |
| Median Home Value | $205,225 |
| Average Home Value | $216,773 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,498
Multi-Family
246
Businesses
500
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