4165 Ledgewater DrMogadoreOH44260
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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 Mogadore at 4165 Ledgewater Dr, Mogadore, OH, 44260 earns $74/mo cash flow from $1,882/mo rent with a $1,346/mo payment. Total monthly income totals $1,882/mo, and annual cash flow totals $891/yr on $91,129 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.22% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 108.64% and total cumulative return in cash sums $99,003. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,882/mo property income instead of your personal income.
Condo
Built in 2007
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44260, Mogadore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,724 (100%) |
| Owner Occupied HU | 4,605 (80.5%) |
| Renter Occupied HU | 906 (15.8%) |
| Vacant Housing Units | 213 ( 3.7%) |
| Median Home Value | $215,562 |
| Average Home Value | $250,408 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,389
Multi-Family
17
Businesses
283
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