405 Orchard DrLeetoniaOH44431
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leetonia at 405 Orchard Dr, Leetonia, OH, 44431 generates $1,140/mo in rent and, after a $827/mo payment, leaves $29/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $344/yr on $55,990 invested. Return on cash invested sits at 20.52% in year one, and rental yield is 8.1% on a $168,900 entry. Equity gained on principal adds $1,090/yr, while 5% annual appreciation builds toward $46,664 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash sums $59,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Condo
Built in 2005
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44431, Leetonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,476 (74.8%) |
| Renter Occupied HU | 303 (15.4%) |
| Vacant Housing Units | 194 ( 9.8%) |
| Median Home Value | $183,263 |
| Average Home Value | $268,015 |
Housing Distribution
Address Breakdown
Residential
1,911
Single Family
1,911
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices