401 Summit StCrooksvilleOH43731
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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 Crooksville at 401 Summit St, Crooksville, OH, 43731 offers a 9.35% rental yield on a $154,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $754/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,241/yr on $51,051 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $994/yr while 5% annual appreciation supports $42,547 over five years. Portfolio math shows five-year ROI at 126.89% and total cumulative return in cash at $64,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $754/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43731, Crooksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,151 (100%) |
| Owner Occupied HU | 1,412 (65.6%) |
| Renter Occupied HU | 526 (24.5%) |
| Vacant Housing Units | 213 ( 9.9%) |
| Median Home Value | $123,363 |
| Average Home Value | $157,665 |
Housing Distribution
Address Breakdown
Residential
2,148
Single Family
2,118
Multi-Family
30
Businesses
95
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Listed by: Jason Fink • Town & Country
Mls Name: MLS Now
Mls ID: #5157124