516 Appomattox Ct, Lagrange, OH, 44050 | 2.9% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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516 Appomattox Ct, Lagrange, OH, 44050 | 2.9% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lagrange at 516 Appomattox Ct, Lagrange, OH, 44050 offers $1,680/mo rent that, after a $3,405/mo payment. Total monthly income is $1,680/mo. Return on cash invested measures 4.88% in year one, and rental yield stands at 2.9% at a $695,711 entry. Equity gained on principal adds $4,489/yr while 5% annual appreciation compounds into $192,212 by year five. Five-year ROI records 22.71% and total cumulative return in cash reaches $51,985. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $3,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Santa Says You Can Be In by Christmas! Nestled on a quiet cul-de-sac in the charming town of LaGrange, this custom-built Georgian Colonial blends timeless architecture with modern luxury and energy efficiency. Offering over 3,500 sq ft of beautifully finished living spaceplus approx. 800 sq ft in the finished lower levelthis home is ready to welcome you just in time for the holidays. Step inside and discover a home designed for gathering and entertaining. The gourmet kitchen is the true centerpiece, featuring sleek cabinetry, stunning granite countertops, stainless steel appliances, a butlers pantry, and a formal dining roomthe perfect setting for your holiday feasts and festive celebrations. Upstairs, youll find 4 spacious bedrooms and 3 full baths, including a 2023 remodeled primary suite that feels like a private retreat. The teen suite with ensuite bath & adjoining study or dressing room offers flexibility for guests, older children, or multi-generational living. The kitchen & bathrooms have all been thoughtfully updated, pairing high-end finishes with everyday function. Throughout the home, enjoy warm hardwood floors, fresh carpet (2021), and classic architectural detailing that evokes timeless charm. Energy-conscious buyers will love the new geothermal heating and cooling system (2023), providing efficient comfort year-round. The finished lower level adds even more living space, complete with a full bathideal for recreation, a home gym, or a guest suite. Outside, a spacious deck, patio, and hot tub create the perfect space to relax or entertain under the stars. With a side-load three-car garage, generous yard, and a location served by the Keystone School District, this property offers the perfect combination of beauty, comfort, and practicality. Whether youre dreaming of holiday gatherings around the table or a move-in-ready home to start the new year rightthis exceptional LaGrange residence makes it all possible.

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