422 Dartmouth TrlNorthfieldOH44067
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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 Northfield at 422 Dartmouth Trl, Northfield, OH, 44067 generates $2,998/mo in rent and, after a $1,590/mo payment, leaves $861/mo in cash flow. Total monthly income is $2,998/mo, and annual cash flow is $10,333/yr on $107,704 invested. Return on cash invested sits at 29.5% in year one, and rental yield is 11.07% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 154.84% and total cumulative return in cash sums $166,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
5,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44067, Northfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,881 (100%) |
| Owner Occupied HU | 7,229 (81.4%) |
| Renter Occupied HU | 1,393 (15.7%) |
| Vacant Housing Units | 259 ( 2.9%) |
| Median Home Value | $283,482 |
| Average Home Value | $302,728 |
Housing Distribution
Address Breakdown
Residential
8,890
Single Family
8,187
Multi-Family
703
Businesses
472
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Listed by: Daniel S Reid • Berkshire Hathaway HomeServices Stouffer Realty
Mls Name: MLS Now
Mls ID: #5135933