507 E College AveJackson CenterOH45334
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
Rental property for sale in Jackson Center at 507 E College Ave, Jackson Center, OH, 45334 offers $1,013/mo rent that, after a $661/mo payment, leaves $125/mo cash flow. Total monthly income is $1,013/mo, and annual cash flow is $1,497/yr on $44,753 cash. Return on cash invested measures 23.25% in year one, and rental yield stands at 9% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 121.28% and total cumulative return in cash reaches $54,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,013/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45334, Jackson Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 972 (100%) |
| Owner Occupied HU | 696 (71.6%) |
| Renter Occupied HU | 174 (17.9%) |
| Vacant Housing Units | 102 (10.5%) |
| Median Home Value | $217,699 |
| Average Home Value | $232,234 |
Housing Distribution
Address Breakdown
Residential
249
Single Family
249
Multi-Family
0
Businesses
63
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Listed by: Jaclyn Hoying • Glasshouse Realty Group
Mls Name: WRIST
Mls Provider:
Mls ID: #1038287
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.