4218 W Lincoln HwyGomerOH45809
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 Gomer at 4218 W Lincoln Hwy, Gomer, OH, 45809 priced at $220,000 pairs $1,780/mo rent with $333/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,780/mo, and annual cash flow comes to $3,992/yr on $72,930 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 9.71% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 132.73% and total cumulative return in cash reaches $96,803. For financing, Ziffy Mortgage’s DSCR program evaluates $1,780/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45809, Gomer, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 66 (100%) |
| Owner Occupied HU | 48 (72.7%) |
| Renter Occupied HU | 5 ( 7.6%) |
| Vacant Housing Units | 13 (19.7%) |
| Median Home Value | $227,778 |
| Average Home Value | $288,906 |
Housing Distribution
Address Breakdown
Residential
81
Single Family
81
Multi-Family
0
Businesses
8
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Listed by: Jeffery Poling • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306591
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.