519 W Fike AveOrrvilleOH44667
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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 Orrville at 519 W Fike Ave, Orrville, OH, 44667 earns $104/mo cash flow from $821/mo rent with a $534/mo payment. Total monthly income totals $821/mo, and annual cash flow totals $1,242/yr on $36,134 capital. ROI tracks 23.35% on current figures, and rental yield reads 9.04% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash sums $44,026. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $821/mo property income instead of your personal income.
Single Family
Built in 1965
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44667, Orrville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,724 (100%) |
| Owner Occupied HU | 3,708 (64.8%) |
| Renter Occupied HU | 1,705 (29.8%) |
| Vacant Housing Units | 311 ( 5.4%) |
| Median Home Value | $220,000 |
| Average Home Value | $247,383 |
Housing Distribution
Address Breakdown
Residential
5,451
Single Family
5,143
Multi-Family
308
Businesses
363
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