5779 Classicway BlvdMorrowOH45152
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 Morrow at 5779 Classicway Blvd, Morrow, OH, 45152 uses $165,915 cash to close to unlock $10,825/yr annual cash flow and $902/mo monthly cash flow. Total monthly income runs $4,219/mo, and a $2,468/mo payment keeps the spread at $902/mo. Purchase price stands at $504,300, and rental yield measures 10.04% with $4,219/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $139,329 over five years. Five-year ROI reaches 139.14% and total cumulative return in cash records $230,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,219/mo property income covering a $2,468/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45152, Morrow, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 4,777 (83.8%) |
| Renter Occupied HU | 694 (12.2%) |
| Vacant Housing Units | 229 ( 4.0%) |
| Median Home Value | $368,485 |
| Average Home Value | $415,484 |
Housing Distribution
Address Breakdown
Residential
5,812
Single Family
5,665
Multi-Family
147
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices