414 Parkview DrGirardOH44420
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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
Rental property for sale in Girard at 414 Parkview Dr, Girard, OH, 44420 priced at $139,900 converts $1,084/mo rent into $164/mo cash flow after a $685/mo obligation. Total monthly income equals $1,084/mo, and annual cash flow totals $1,962/yr on $46,377 invested. Return on cash invested prints 24.14% in year one, and rental yield reads 9.3% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 126.1% and total cumulative return in cash sums $58,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,084/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44420, Girard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,526 (63.1%) |
| Renter Occupied HU | 2,048 (28.5%) |
| Vacant Housing Units | 602 ( 8.4%) |
| Median Home Value | $130,324 |
| Average Home Value | $183,521 |
Housing Distribution
Address Breakdown
Residential
6,693
Single Family
5,946
Multi-Family
747
Businesses
459
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