5679 Monroe St UNIT 210SylvaniaOH43560
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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 Sylvania at 5679 Monroe St UNIT 210, Sylvania, OH, 43560 generates $1,799/mo in rent and, after a $671/mo payment, leaves $578/mo in cash flow. Total monthly income is $1,799/mo, and annual cash flow is $6,941/yr on $45,416 invested. Return on cash invested sits at 35.19% in year one, and rental yield is 15.76% on a $137,000 entry. Equity gained on principal adds $884/yr, while 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 188.43% and total cumulative return in cash sums $85,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$259 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
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Listed by: Jeffry M. Schaaf • The Danberry Co
Mls Name: NORIS
Mls ID: #6129506
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.