407 Superior StGenoaOH43430
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 Genoa at 407 Superior St, Genoa, OH, 43430 priced at $149,000 pairs $1,146/mo rent with $166/mo cash flow after a $729/mo payment. Total monthly income equals $1,146/mo, and annual cash flow comes to $1,994/yr on $49,394 invested. Return on cash invested is 23.95% in year one, and rental yield stands at 9.23% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 125.1% and total cumulative return in cash reaches $61,792. For financing, Ziffy Mortgage’s DSCR program evaluates $1,146/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
9,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43430, Genoa, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,961 (100%) |
| Owner Occupied HU | 1,510 (77.0%) |
| Renter Occupied HU | 324 (16.5%) |
| Vacant Housing Units | 127 ( 6.5%) |
| Median Home Value | $167,340 |
| Average Home Value | $188,194 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,856
Multi-Family
61
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices