404 W South StRockfordOH45882
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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 Rockford at 404 W South St, Rockford, OH, 45882 earns $211/mo cash flow from $2,184/mo rent with a $1,468/mo payment. Total monthly income totals $2,184/mo, and annual cash flow totals $2,532/yr on $99,450 capital. ROI tracks 22.45% on current figures, and rental yield reads 8.74% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash sums $116,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,184/mo property income instead of your personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45882, Rockford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 939 (78.8%) |
| Renter Occupied HU | 183 (15.4%) |
| Vacant Housing Units | 70 ( 5.9%) |
| Median Home Value | $170,711 |
| Average Home Value | $203,206 |
Housing Distribution
Address Breakdown
Residential
1,111
Single Family
1,090
Multi-Family
21
Businesses
68
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