489 Green Meadow DrTallmadgeOH44278
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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 Tallmadge at 489 Green Meadow Dr, Tallmadge, OH, 44278 uses $89,837 cash to close to unlock $7,558/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,326/mo payment keeps the spread at $630/mo. Purchase price stands at $271,001, and rental yield measures 10.68% with $2,412/mo rent. Return on cash invested shows 28.32% in year one, and 5% annual appreciation builds toward $74,873 over five years. Five-year ROI reaches 148.46% and total cumulative return in cash records $133,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,326/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
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