46320 Middle Ridge RdAmherstOH44001
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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 Amherst at 46320 Middle Ridge Rd, Amherst, OH, 44001 listed at $232,000 pairs $1,824/mo rent with a $1,136/mo payment to leave $297/mo cash flow. Total monthly income runs $1,824/mo, and annual cash flow reaches $3,570/yr on $76,908 cash to close. Return on cash invested measures 24.55% in year one, and rental yield registers 9.43% at a $232,000 basis. Equity gained on principal adds $1,497/yr, and annual property appreciation at 5% supports $64,097 by year five. Five-year ROI tracks 128.27% and total cumulative return in cash totals $98,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,824/mo property income relative to a $1,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44001, Amherst, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 7,702 (83.6%) |
| Renter Occupied HU | 1,154 (12.5%) |
| Vacant Housing Units | 362 ( 3.9%) |
| Median Home Value | $254,032 |
| Average Home Value | $275,217 |
Housing Distribution
Address Breakdown
Residential
9,107
Single Family
8,815
Multi-Family
292
Businesses
627
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