619 Overla BlvdEnglewoodOH45322
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 Englewood at 619 Overla Blvd, Englewood, OH, 45322 priced at $230,000 converts $2,058/mo rent into $545/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,058/mo, and annual cash flow totals $6,538/yr on $76,245 invested. Return on cash invested prints 28.48% in year one, and rental yield reads 10.74% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 149.35% and total cumulative return in cash sums $113,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,058/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,511 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45322, Englewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,337 (100%) |
| Owner Occupied HU | 6,959 (74.5%) |
| Renter Occupied HU | 2,008 (21.5%) |
| Vacant Housing Units | 370 ( 4.0%) |
| Median Home Value | $195,998 |
| Average Home Value | $237,055 |
Housing Distribution
Address Breakdown
Residential
9,324
Single Family
8,933
Multi-Family
391
Businesses
535
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