3916 Coventry LnHuronOH44839
Nearby investment properties with comparable rents
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 Huron at 3916 Coventry Ln, Huron, OH, 44839 generates $2,824/mo in rent and, after a $1,689/mo payment, leaves $554/mo in cash flow. Total monthly income is $2,824/mo, and annual cash flow is $6,651/yr on $114,368 invested. Return on cash invested sits at 25.72% in year one, and rental yield is 9.82% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 134.57% and total cumulative return in cash sums $153,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,824/mo property income rather than buyer’s personal income.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices