40 Lemans DrNapoleonOH43545
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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
Rental property for sale in Napoleon at 40 Lemans Dr, Napoleon, OH, 43545 offers $2,326/mo rent that, after a $1,174/mo payment, leaves $748/mo cash flow. Total monthly income is $2,326/mo, and annual cash flow is $8,978/yr on $79,527 cash. Return on cash invested measures 31.2% in year one, and rental yield stands at 11.63% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 163.94% and total cumulative return in cash reaches $130,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,326/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9,504 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43545, Napoleon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,245 (100%) |
| Owner Occupied HU | 4,492 (71.9%) |
| Renter Occupied HU | 1,381 (22.1%) |
| Vacant Housing Units | 372 ( 6.0%) |
| Median Home Value | $198,633 |
| Average Home Value | $235,280 |
Housing Distribution
Address Breakdown
Residential
6,073
Single Family
5,794
Multi-Family
279
Businesses
497
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