5801 Montrose CtMorrowOH45152
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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 Morrow at 5801 Montrose Ct, Morrow, OH, 45152 priced at $371,000 converts $2,430/mo rent into after a $1,816/mo obligation. Total monthly income equals $2,430/mo. Return on cash invested prints 19.81% in year one, and rental yield reads 7.86% against a $371,000 entry. Equity gained on principal adds $2,394/yr, while 5% annual appreciation compiles into $102,500 by year five. Five-year ROI reaches 102.81% and total cumulative return in cash sums $126,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,430/mo property income covering a $1,816/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,749 sqft 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
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