412 E 5th StDoverOH44622
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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 Dover at 412 E 5th St, Dover, OH, 44622 offers a 9.29% rental yield on a $162,500 purchase with $1,258/mo rent. Total monthly income registers $1,258/mo, and a $795/mo payment leaves $189/mo available for distribution. Annual cash flow reaches $2,274/yr on $53,869 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,896 over five years. Portfolio math shows five-year ROI at 126.05% and total cumulative return in cash at $67,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,258/mo property income against a $795/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
8,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44622, Dover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,472 (66.0%) |
| Renter Occupied HU | 2,243 (27.1%) |
| Vacant Housing Units | 570 ( 6.9%) |
| Median Home Value | $232,976 |
| Average Home Value | $281,470 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,548
Multi-Family
398
Businesses
704
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