4772 Lake Rd EGenevaOH44041
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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 Geneva at 4772 Lake Rd E, Geneva, OH, 44041 uses $132,567 cash to close to unlock $4,150/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,976/mo, and a $1,957/mo payment keeps the spread at $346/mo. Purchase price stands at $399,900, and rental yield measures 8.93% with $2,976/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash records $159,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,976/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Multi Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44041, Geneva, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,989 (100%) |
| Owner Occupied HU | 4,219 (60.4%) |
| Renter Occupied HU | 1,495 (21.4%) |
| Vacant Housing Units | 1,275 (18.2%) |
| Median Home Value | $193,242 |
| Average Home Value | $251,361 |
Housing Distribution
Address Breakdown
Residential
6,176
Single Family
6,006
Multi-Family
170
Businesses
517
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