482 Meadow Trl SWHartvilleOH44632
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 Hartville at 482 Meadow Trl SW, Hartville, OH, 44632 offers $1,120/mo rent that, after a $1,918/mo payment. Total monthly income is $1,120/mo. Return on cash invested measures 6.44% in year one, and rental yield stands at 3.43% at a $391,900 entry. Equity gained on principal adds $2,529/yr while 5% annual appreciation compounds into $108,275 by year five. Five-year ROI records 31.17% and total cumulative return in cash reaches $40,493. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,120/mo property income versus a $1,918/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
2,082 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44632, Hartville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,209 (100%) |
| Owner Occupied HU | 3,124 (74.2%) |
| Renter Occupied HU | 931 (22.1%) |
| Vacant Housing Units | 154 ( 3.7%) |
| Median Home Value | $286,624 |
| Average Home Value | $326,040 |
Housing Distribution
Address Breakdown
Residential
4,024
Single Family
4,024
Multi-Family
0
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices