503-19 Concord Downs LnAuroraOH44202
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
Total monthly income runs $2,184/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 6.81% with $2,184/mo rent. Return on cash invested shows 11.71% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 61.2% and total cumulative return in cash records $78,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,184/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$3,142 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices