5177 L Str NEMagnoliaOH44643
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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 Magnolia at 5177 L Str NE, Magnolia, OH, 44643 with 5% annual appreciation on a $101,900 basis while $1,720/mo rent supports operations. Total monthly income totals $1,720/mo and a $499/mo payment preserves $1,049/mo for cash returns. Annual cash flow comes to $12,594/yr on $33,780 deployed, and return on cash invested reaches 57.19% in year one. Equity gained on principal adds $658/yr, and five-year appreciation sums $28,153 alongside rental yield of 20.26%. Five-year ROI measures 303.38% and total cumulative return in cash totals $102,480.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,720/mo property income versus a $499/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44643, Magnolia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 972 (72.3%) |
| Renter Occupied HU | 294 (21.9%) |
| Vacant Housing Units | 79 ( 5.9%) |
| Median Home Value | $209,188 |
| Average Home Value | $236,713 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,198
Multi-Family
0
Businesses
63
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