414 W Martin StAmherstOH44001
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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 Amherst at 414 W Martin St, Amherst, OH, 44001 with 5% annual appreciation on a $230,000 basis while $2,483/mo rent supports operations. Total monthly income totals $2,483/mo and a $1,126/mo payment preserves $970/mo for cash returns. Annual cash flow comes to $11,638/yr on $76,245 deployed, and return on cash invested reaches 35.17% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 12.95%. Five-year ROI measures 185.21% and total cumulative return in cash totals $141,211.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,483/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44001, Amherst, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 7,702 (83.6%) |
| Renter Occupied HU | 1,154 (12.5%) |
| Vacant Housing Units | 362 ( 3.9%) |
| Median Home Value | $254,032 |
| Average Home Value | $275,217 |
Housing Distribution
Address Breakdown
Residential
9,107
Single Family
8,815
Multi-Family
292
Businesses
627
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