47065 Morning Star RdRacineOH45771
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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 Racine at 47065 Morning Star Rd, Racine, OH, 45771 earns from $1,924/mo rent with a $2,276/mo payment. Total monthly income totals $1,924/mo. ROI tracks 11.08% on current figures, and rental yield reads 4.97% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 56% and total cumulative return in cash sums $86,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,924/mo property income instead of your personal income.
Single Family
Built in 1959
4.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45771, Racine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 1,109 (68.2%) |
| Renter Occupied HU | 305 (18.8%) |
| Vacant Housing Units | 211 (13.0%) |
| Median Home Value | $159,510 |
| Average Home Value | $237,272 |
Housing Distribution
Address Breakdown
Residential
1,289
Single Family
1,289
Multi-Family
0
Businesses
78
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