487 Garfield StStruthersOH44471
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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 Struthers at 487 Garfield St, Struthers, OH, 44471 priced at $119,400 converts $1,812/mo rent into $1,027/mo cash flow after a $584/mo obligation. Total monthly income equals $1,812/mo, and annual cash flow totals $12,324/yr on $39,581 invested. Return on cash invested prints 51.05% in year one, and rental yield reads 18.21% against a $119,400 entry. Equity gained on principal adds $770/yr, while 5% annual appreciation compiles into $32,988 by year five. Five-year ROI reaches 270.43% and total cumulative return in cash sums $107,039. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,812/mo property income covering a $584/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44471, Struthers, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,828 (100%) |
| Owner Occupied HU | 3,118 (64.6%) |
| Renter Occupied HU | 1,262 (26.1%) |
| Vacant Housing Units | 448 ( 9.3%) |
| Median Home Value | $93,571 |
| Average Home Value | $120,633 |
Housing Distribution
Address Breakdown
Residential
4,607
Single Family
4,352
Multi-Family
255
Businesses
261
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