5968 Winchell RdHiramOH44234
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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
Investment property for sale in Hiram at 5968 Winchell Rd, Hiram, OH, 44234 earns from $4,670/mo rent with a $3,916/mo payment. Total monthly income totals $4,670/mo. ROI tracks 17.36% on current figures, and rental yield reads 7% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 89.65% and total cumulative return in cash sums $235,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,670/mo property income instead of your personal income.
Single Family
Built in 1999
6.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44234, Hiram, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,496 (100%) |
| Owner Occupied HU | 1,215 (81.2%) |
| Renter Occupied HU | 203 (13.6%) |
| Vacant Housing Units | 78 ( 5.2%) |
| Median Home Value | $291,314 |
| Average Home Value | $330,741 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
57
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