5735 Overlook DrChippewa LakeOH44215
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
Investment property for sale in Chippewa Lake at 5735 Overlook Dr, Chippewa Lake, OH, 44215 earns $200/mo cash flow from $1,318/mo rent with a $832/mo payment. Total monthly income totals $1,318/mo, and annual cash flow totals $2,400/yr on $56,322 capital. ROI tracks 24.17% on current figures, and rental yield reads 9.31% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 126.18% and total cumulative return in cash sums $71,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Single Family
Built in 1939
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44215, Chippewa Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 807 (71.4%) |
| Renter Occupied HU | 155 (13.7%) |
| Vacant Housing Units | 169 (14.9%) |
| Median Home Value | $274,593 |
| Average Home Value | $323,779 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen D Kiggans • NextHome New Horizons Equity Realty
Mls Name: MLS Now
Mls ID: #5156206