4605 Charlesgate RdSylvaniaOH43560
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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 Sylvania at 4605 Charlesgate Rd, Sylvania, OH, 43560 uses $91,163 cash to close to unlock $7,573/yr annual cash flow and $631/mo monthly cash flow. Total monthly income runs $2,440/mo, and a $1,346/mo payment keeps the spread at $631/mo. Purchase price stands at $275,000, and rental yield measures 10.65% with $2,440/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 147.94% and total cumulative return in cash records $134,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,440/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
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