47 Valley CtHowardOH43028
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
Rental property for sale in Howard at 47 Valley Ct, Howard, OH, 43028 priced at $275,000 converts $2,274/mo rent into $465/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $5,581/yr on $91,163 invested. Return on cash invested prints 26.03% in year one, and rental yield reads 9.92% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 136.23% and total cumulative return in cash sums $124,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43028, Howard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 2,753 (69.8%) |
| Renter Occupied HU | 379 ( 9.6%) |
| Vacant Housing Units | 812 (20.6%) |
| Median Home Value | $276,205 |
| Average Home Value | $342,382 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,572
Multi-Family
0
Businesses
84
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Listed by: Courtney Culbertson • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20240506
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.