492 E Hopocan AveBarbertonOH44203
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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 Barberton at 492 E Hopocan Ave, Barberton, OH, 44203 priced at $129,900 pairs $989/mo rent with $134/mo cash flow after a $636/mo payment. Total monthly income equals $989/mo, and annual cash flow comes to $1,612/yr on $43,062 invested. Return on cash invested is 23.65% in year one, and rental yield stands at 9.14% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 123.52% and total cumulative return in cash reaches $53,191. For financing, Ziffy Mortgage’s DSCR program evaluates $989/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
6,891 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44203, Barberton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 11,808 (65.1%) |
| Renter Occupied HU | 5,184 (28.6%) |
| Vacant Housing Units | 1,149 ( 6.3%) |
| Median Home Value | $169,856 |
| Average Home Value | $223,242 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
16,828
Multi-Family
725
Businesses
1,122
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