5193 Cline Rd UNIT HKentOH44240
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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 Kent at 5193 Cline Rd UNIT H, Kent, OH, 44240 generates $1,151/mo in rent and, after a $685/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,151/mo, and annual cash flow is $1,110/yr on $46,377 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 9.87% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 117.53% and total cumulative return in cash sums $54,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,151/mo property income rather than buyer’s personal income.
Condo
Built in 1974
592.42 sqft lot
$N/A/sqft
$138 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44240, Kent, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,908 (100%) |
| Owner Occupied HU | 9,003 (45.2%) |
| Renter Occupied HU | 9,113 (45.8%) |
| Vacant Housing Units | 1,792 ( 9.0%) |
| Median Home Value | $248,403 |
| Average Home Value | $283,411 |
Housing Distribution
Address Breakdown
Residential
18,271
Single Family
14,719
Multi-Family
3,552
Businesses
1,194
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