43 Picadilly CtKentOH44240
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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 Kent at 43 Picadilly Ct, Kent, OH, 44240 listed at $189,900 pairs $1,460/mo rent with a $929/mo payment to leave $211/mo cash flow. Total monthly income runs $1,460/mo, and annual cash flow reaches $2,536/yr on $62,952 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 9.23% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 125% and total cumulative return in cash totals $78,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,460/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
1,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44240, Kent, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,908 (100%) |
| Owner Occupied HU | 9,003 (45.2%) |
| Renter Occupied HU | 9,113 (45.8%) |
| Vacant Housing Units | 1,792 ( 9.0%) |
| Median Home Value | $248,403 |
| Average Home Value | $283,411 |
Housing Distribution
Address Breakdown
Residential
18,271
Single Family
14,719
Multi-Family
3,552
Businesses
1,194
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