385 Rose AveGalenaOH43021
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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 Galena at 385 Rose Ave, Galena, OH, 43021 uses $105,019 cash to close to unlock $777/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $2,149/mo, and a $1,551/mo payment keeps the spread at $65/mo. Purchase price stands at $316,799, and rental yield measures 8.14% with $2,149/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $87,526 over five years. Five-year ROI reaches 107.32% and total cumulative return in cash records $112,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,149/mo property income covering a $1,551/mo payment rather than investor’s personal income.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43021, Galena, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 4,755 (92.7%) |
| Renter Occupied HU | 211 ( 4.1%) |
| Vacant Housing Units | 162 ( 3.2%) |
| Median Home Value | $582,576 |
| Average Home Value | $594,362 |
Housing Distribution
Address Breakdown
Residential
5,403
Single Family
5,403
Multi-Family
0
Businesses
147
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