611 Arborside LnAvon LakeOH44012
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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 Avon Lake at 611 Arborside Ln, Avon Lake, OH, 44012 uses $180,950 cash to close to unlock $3,386/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $2,692/mo payment keeps the spread at $282/mo. Purchase price stands at $550,000, and rental yield measures 8.51% with $3,900/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 114.18% and total cumulative return in cash records $206,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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