45336 Parsons RdOberlinOH44074
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
Investment property for sale in Oberlin at 45336 Parsons Rd, Oberlin, OH, 44074 listed at $329,900 pairs $954/mo rent with a $1,615/mo payment. Total monthly income runs $954/mo. Return on cash invested measures 6.56% in year one, and rental yield registers 3.47% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 31.79% and total cumulative return in cash totals $34,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $954/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,650 (100%) |
| Owner Occupied HU | 2,752 (59.2%) |
| Renter Occupied HU | 1,413 (30.4%) |
| Vacant Housing Units | 485 (10.4%) |
| Median Home Value | $269,697 |
| Average Home Value | $313,969 |
Housing Distribution
Address Breakdown
Residential
4,182
Single Family
3,547
Multi-Family
635
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices