511 W Zimmerman StForestOH45843
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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
Rental property for sale in Forest at 511 W Zimmerman St, Forest, OH, 45843 priced at $159,000 pairs $1,907/mo rent with $861/mo cash flow after a $778/mo payment. Total monthly income equals $1,907/mo, and annual cash flow comes to $10,336/yr on $52,709 invested. Return on cash invested is 39.52% in year one, and rental yield stands at 14.39% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 208.57% and total cumulative return in cash reaches $109,932. For financing, Ziffy Mortgage’s DSCR program evaluates $1,907/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45843, Forest, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 1,152 (76.2%) |
| Renter Occupied HU | 243 (16.1%) |
| Vacant Housing Units | 117 ( 7.7%) |
| Median Home Value | $184,740 |
| Average Home Value | $223,188 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,501
Multi-Family
0
Businesses
54
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Listed by: Debra Doll • Oakridge Realty & Auction Co.
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304654
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. Information is deemed reliable but not guaranteed.