6048 Caddy Rd SWBowerstonOH44695
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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 Bowerston at 6048 Caddy Rd SW, Bowerston, OH, 44695 uses $100,842 cash to close to unlock $695/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,489/mo payment keeps the spread at $58/mo. Purchase price stands at $304,200, and rental yield measures 8.12% with $2,059/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $84,045 over five years. Five-year ROI reaches 107.05% and total cumulative return in cash records $107,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,489/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44695, Bowerston, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 766 (100%) |
| Owner Occupied HU | 426 (55.6%) |
| Renter Occupied HU | 109 (14.2%) |
| Vacant Housing Units | 231 (30.2%) |
| Median Home Value | $170,000 |
| Average Home Value | $237,330 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
511
Multi-Family
30
Businesses
18
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