397 Angela LnAvon LakeOH44012
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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 Avon Lake at 397 Angela Ln, Avon Lake, OH, 44012 with 5% annual appreciation on a $223,500 basis while $2,419/mo rent supports operations. Total monthly income totals $2,419/mo and a $1,094/mo payment preserves $819/mo for cash returns. Annual cash flow comes to $9,825/yr on $74,090 deployed, and return on cash invested reaches 33.17% in year one. Equity gained on principal adds $1,442/yr, and five-year appreciation sums $61,749 alongside rental yield of 12.99%. Five-year ROI measures 175.24% and total cumulative return in cash totals $129,834.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,419/mo property income versus a $1,094/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2005
871.20 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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