5035 Westbrook St SEMagnoliaOH44643
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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 Magnolia at 5035 Westbrook St SE, Magnolia, OH, 44643 offers a 7.31% rental yield on a $239,900 purchase with $1,462/mo rent. 16% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 94.03% and total cumulative return in cash at $74,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1946
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44643, Magnolia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 972 (72.3%) |
| Renter Occupied HU | 294 (21.9%) |
| Vacant Housing Units | 79 ( 5.9%) |
| Median Home Value | $209,188 |
| Average Home Value | $236,713 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,198
Multi-Family
0
Businesses
63
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