5031 State Highway 123MorrowOH45152
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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 Morrow at 5031 State Highway 123, Morrow, OH, 45152 uses $69,615 cash to close to unlock $330/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,409/mo, and a $1,028/mo payment keeps the spread at $28/mo. Purchase price stands at $210,000, and rental yield measures 8.05% with $1,409/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 105.91% and total cumulative return in cash records $73,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1931
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45152, Morrow, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 4,777 (83.8%) |
| Renter Occupied HU | 694 (12.2%) |
| Vacant Housing Units | 229 ( 4.0%) |
| Median Home Value | $368,485 |
| Average Home Value | $415,484 |
Housing Distribution
Address Breakdown
Residential
5,812
Single Family
5,665
Multi-Family
147
Businesses
151
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