5587 Charleston RdNewton FallsOH44444
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 Newton Falls at 5587 Charleston Rd, Newton Falls, OH, 44444 priced at $799,900 pairs $4,558/mo rent with after a $3,915/mo payment. Total monthly income equals $4,558/mo. Return on cash invested is 16.85% in year one, and rental yield stands at 6.84% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 86.94% and total cumulative return in cash reaches $228,792. For financing, Ziffy Mortgage’s DSCR program evaluates $4,558/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
39.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44444, Newton Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,850 (62.8%) |
| Renter Occupied HU | 1,240 (27.3%) |
| Vacant Housing Units | 451 ( 9.9%) |
| Median Home Value | $148,354 |
| Average Home Value | $179,702 |
Housing Distribution
Address Breakdown
Residential
4,522
Single Family
4,140
Multi-Family
382
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan E White • Howard Hanna
Mls Name: MLS Now
Mls ID: #5125146