511 Arabian CtLagrangeOH44050
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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 Lagrange at 511 Arabian Ct, Lagrange, OH, 44050 uses $36,462 cash to close to unlock $1,522/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $850/mo, and a $538/mo payment keeps the spread at $127/mo. Purchase price stands at $109,990, and rental yield measures 9.27% with $850/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $30,388 over five years. Five-year ROI reaches 125.74% and total cumulative return in cash records $45,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $850/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Housing Distribution
Address Breakdown
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
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