515 W Wood StLowellvilleOH44436
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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 Lowellville at 515 W Wood St, Lowellville, OH, 44436 offers $1,714/mo rent that, after a $759/mo payment, leaves $694/mo cash flow. Total monthly income is $1,714/mo, and annual cash flow is $8,329/yr on $51,383 cash. Return on cash invested measures 36.12% in year one, and rental yield stands at 13.27% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 190.37% and total cumulative return in cash reaches $97,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,714/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44436, Lowellville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,646 (100%) |
| Owner Occupied HU | 1,212 (73.6%) |
| Renter Occupied HU | 247 (15.0%) |
| Vacant Housing Units | 187 (11.4%) |
| Median Home Value | $187,903 |
| Average Home Value | $222,228 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,508
Multi-Family
80
Businesses
95
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Listed by: Robert C Easton • CENTURY 21 Lakeside Realty
Mls Name: MLS Now
Mls ID: #5145030