606 Forest Lake DrHollandOH43528
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 Holland at 606 Forest Lake Dr, Holland, OH, 43528 listed at $522,500 pairs $3,719/mo rent with a $2,557/mo payment to leave $282/mo cash flow. Total monthly income runs $3,719/mo, and annual cash flow reaches $3,390/yr on $171,903 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 8.54% at a $522,500 basis. Equity gained on principal adds $3,372/yr, and annual property appreciation at 5% supports $144,357 by year five. Five-year ROI tracks 114.72% and total cumulative return in cash totals $197,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,719/mo property income relative to a $2,557/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43528, Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,856 (100%) |
| Owner Occupied HU | 4,885 (71.3%) |
| Renter Occupied HU | 1,642 (23.9%) |
| Vacant Housing Units | 329 ( 4.8%) |
| Median Home Value | $283,192 |
| Average Home Value | $313,594 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,664
Multi-Family
246
Businesses
785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices