404 W Zimmerman StForestOH45843
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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 Forest at 404 W Zimmerman St, Forest, OH, 45843 with 5% annual appreciation on a $147,900 basis while $1,322/mo rent supports operations. Total monthly income totals $1,322/mo and a $724/mo payment preserves $349/mo for cash returns. Annual cash flow comes to $4,188/yr on $49,029 deployed, and return on cash invested reaches 28.45% in year one. Equity gained on principal adds $954/yr, and five-year appreciation sums $40,862 alongside rental yield of 10.73%. Five-year ROI measures 149.26% and total cumulative return in cash totals $73,183.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,322/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45843, Forest, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 1,152 (76.2%) |
| Renter Occupied HU | 243 (16.1%) |
| Vacant Housing Units | 117 ( 7.7%) |
| Median Home Value | $184,740 |
| Average Home Value | $223,188 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,501
Multi-Family
0
Businesses
54
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