539 Morningstar DrTallmadgeOH44278
Nearby investment properties with comparable rents
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 Tallmadge at 539 Morningstar Dr, Tallmadge, OH, 44278 priced at $249,900 pairs $2,288/mo rent with $188/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,288/mo, and annual cash flow comes to $2,260/yr on $82,842 invested. Return on cash invested is 22.64% in year one, and rental yield stands at 10.99% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 120.42% and total cumulative return in cash reaches $99,758. For financing, Ziffy Mortgage’s DSCR program evaluates $2,288/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2001
1,520 sqft lot
$N/A/sqft
$456 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices