4619 Weldwood LnSylvaniaOH43560
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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 4619 Weldwood Ln, Sylvania, OH, 43560 uses $96,102 cash to close to unlock $31,032/yr annual cash flow and $2,586/mo monthly cash flow. Total monthly income runs $4,493/mo, and a $1,419/mo payment keeps the spread at $2,586/mo. Purchase price stands at $289,900, and rental yield measures 18.6% with $4,493/mo rent. Return on cash invested shows 52.2% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 276.49% and total cumulative return in cash records $265,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,493/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.26 Acres 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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Listed by: Aaron Burgin • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6117504
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.