619 E Iron Ave #4DoverOH44622
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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 Dover at 619 E Iron Ave #4, Dover, OH, 44622 listed at $249,900 pairs $1,733/mo rent with a $1,223/mo payment to leave $89/mo cash flow. Total monthly income runs $1,733/mo, and annual cash flow reaches $1,072/yr on $82,842 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 8.32% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 110.32% and total cumulative return in cash totals $91,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,733/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44622, Dover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,472 (66.0%) |
| Renter Occupied HU | 2,243 (27.1%) |
| Vacant Housing Units | 570 ( 6.9%) |
| Median Home Value | $232,976 |
| Average Home Value | $281,470 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,548
Multi-Family
398
Businesses
704
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