4711 N Elm Tree RdConoverOH45317
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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
Rental property for sale in Conover at 4711 N Elm Tree Rd, Conover, OH, 45317 generates $2,311/mo in rent and, after a $1,591/mo payment, leaves $173/mo in cash flow. Total monthly income is $2,311/mo, and annual cash flow is $2,075/yr on $107,738 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.53% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash sums $122,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,311/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45317, Conover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 344 (80.0%) |
| Renter Occupied HU | 62 (14.4%) |
| Vacant Housing Units | 24 ( 5.6%) |
| Median Home Value | $254,255 |
| Average Home Value | $288,096 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
11
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Listed by: John Crain • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1039948
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.