4324 Howards Creek RdOkeanaOH45053
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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 Okeana at 4324 Howards Creek Rd, Okeana, OH, 45053 offers a 6.9% rental yield on a $572,500 purchase with $3,294/mo rent. 05% in year one. Equity gained on principal adds $3,694/yr while 5% annual appreciation supports $158,171 over five years. Portfolio math shows five-year ROI at 88.03% and total cumulative return in cash at $165,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,294/mo property income against a $2,802/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45053, Okeana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,239 (100%) |
| Owner Occupied HU | 1,097 (88.5%) |
| Renter Occupied HU | 84 ( 6.8%) |
| Vacant Housing Units | 58 ( 4.7%) |
| Median Home Value | $341,757 |
| Average Home Value | $387,211 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
30
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