406 Lavina AveCridersvilleOH45806
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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 Cridersville at 406 Lavina Ave, Cridersville, OH, 45806 priced at $248,000 pairs $1,876/mo rent with $245/mo cash flow after a $1,214/mo payment. Total monthly income equals $1,876/mo, and annual cash flow comes to $2,934/yr on $82,212 invested. Return on cash invested is 23.48% in year one, and rental yield stands at 9.08% on a $248,000 basis. Equity gained on principal adds $1,600/yr, and 5% annual appreciation accumulates to $68,518 by year five. Five-year ROI measures 122.53% and total cumulative return in cash reaches $100,734. For financing, Ziffy Mortgage’s DSCR program evaluates $1,876/mo property income against a $1,214/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
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