4222 Pine DrRootstownOH44272
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 Rootstown at 4222 Pine Dr, Rootstown, OH, 44272 offers $2,160/mo rent that, after a $978/mo payment, leaves $709/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $8,502/yr on $66,267 cash. Return on cash invested measures 32.74% in year one, and rental yield stands at 12.97% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 173.1% and total cumulative return in cash reaches $114,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1,215 sqft lot
$N/A/sqft
$137 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44272, Rootstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,249 (100%) |
| Owner Occupied HU | 1,736 (77.2%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 85 ( 3.8%) |
| Median Home Value | $267,593 |
| Average Home Value | $301,213 |
Housing Distribution
Address Breakdown
Residential
2,295
Single Family
2,012
Multi-Family
283
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas R Papas • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5060582
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.