4365 N Lake RdWest FarmingtonOH44491
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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 West Farmington at 4365 N Lake Rd, West Farmington, OH, 44491 earns from $0/mo rent with a $1,071/mo payment. Total monthly income totals $0/mo. ROI tracks -3.9% on current figures, and rental yield reads 0% at a $218,800 purchase. Equity gained on principal adds $1,412/yr, and 5% annual appreciation supports $60,450 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1969
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44491, West Farmington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 986 (80.6%) |
| Renter Occupied HU | 142 (11.6%) |
| Vacant Housing Units | 95 ( 7.8%) |
| Median Home Value | $254,605 |
| Average Home Value | $248,162 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Clifford Straitiff • Brokers Realty Group
Mls Name: MLS Now
Mls ID: #5157906