613 Ericsson DrCanal FultonOH44614
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
Rental property for sale in Canal Fulton at 613 Ericsson Dr, Canal Fulton, OH, 44614 offers $1,807/mo rent that, after a $1,395/mo payment. Total monthly income is $1,807/mo. Return on cash invested measures 19.05% in year one, and rental yield stands at 7.61% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 98.77% and total cumulative return in cash reaches $93,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,807/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10,402 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Casey Roch • RE/MAX Infinity
Mls Name: MLS Now
Mls Provider:
Mls ID: #5136080
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