6120 Norco Rd NECarrolltonOH44615
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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 Carrollton at 6120 Norco Rd NE, Carrollton, OH, 44615 offers a 0.76% rental yield on a $1,300,000 purchase with $824/mo rent. 65% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $824/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
74.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44615, Carrollton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,294 (100%) |
| Owner Occupied HU | 3,271 (61.8%) |
| Renter Occupied HU | 1,064 (20.1%) |
| Vacant Housing Units | 959 (18.1%) |
| Median Home Value | $194,886 |
| Average Home Value | $223,729 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
4,505
Multi-Family
43
Businesses
425
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Listed by: Joanna D Belden • Howard Hanna
Mls Name: MLS Now
Mls ID: #5135068