600 W Martindale RdEnglewoodOH45322
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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
Rental property for sale in Englewood at 600 W Martindale Rd, Englewood, OH, 45322 priced at $249,999 pairs $2,363/mo rent with $718/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,363/mo, and annual cash flow comes to $8,618/yr on $82,875 invested. Return on cash invested is 30.31% in year one, and rental yield stands at 11.34% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 159.17% and total cumulative return in cash reaches $131,914. For financing, Ziffy Mortgage’s DSCR program evaluates $2,363/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45322, Englewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,337 (100%) |
| Owner Occupied HU | 6,959 (74.5%) |
| Renter Occupied HU | 2,008 (21.5%) |
| Vacant Housing Units | 370 ( 4.0%) |
| Median Home Value | $195,998 |
| Average Home Value | $237,055 |
Housing Distribution
Address Breakdown
Residential
9,324
Single Family
8,933
Multi-Family
391
Businesses
535
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