396 Reserve Ave, Oberlin, OH, 44074 | 2.08% Rental Yield

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396 Reserve Ave, Oberlin, OH, 44074 | 2.08% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oberlin at 396 Reserve Ave, Oberlin, OH, 44074 at $550,000 posts ROI 2.39% with from $954/mo rent. Total monthly income equals $954/mo. Return on cash invested measures 2.39% and rental yield reads 2.08% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 9.42% and total cumulative return in cash totals $17,050. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning new build home, designed for effortless one story living with a beautifully crafted open concept floor plan. Set on over half an acre, this 2,180 sq ft residence is bathed in natural light and showcases neutral decor and elegant finishes throughout. The spacious layout includes 4 bedrooms and 2.5 bathrooms, featuring a luxurious primary suite with a spa-like ensuite bath and a relaxing soaking tub. At the heart of the home, the modern kitchen features a large center island, perfect for cooking, entertaining, or casual meals. LVT flooring flows seamlessly throughout, offering both durability and style. A mudroom conveniently located off the 2 car attached garage adds everyday functionality and helps keep your living space tidy. Enjoy the outdoors with a covered front porch and a private back patio, ideal for morning coffee or evening gatherings. Tucked away on a quiet dead-end street in a peaceful town setting with easy access to major freeways this home offers the perfect blend of comfort, privacy and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,650 (100%)
Owner Occupied HU	2,752 (59.2%)
Renter Occupied HU	1,413 (30.4%)
Vacant Housing Units	485 (10.4%)
Median Home Value	$269,697
Average Home Value	$313,969