62 Summerwood DrBidwellOH45614
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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 Bidwell at 62 Summerwood Dr, Bidwell, OH, 45614 with 5% annual appreciation on a $319,900 basis while $2,045/mo rent supports operations. 24% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 7.67%. Five-year ROI measures 99.77% and total cumulative return in cash totals $105,800. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,045/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45614, Bidwell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,951 (100%) |
| Owner Occupied HU | 1,310 (67.1%) |
| Renter Occupied HU | 465 (23.8%) |
| Vacant Housing Units | 176 ( 9.0%) |
| Median Home Value | $148,760 |
| Average Home Value | $170,447 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,775
Multi-Family
101
Businesses
72
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Listed by: Joshua Bodimer • Wiseman Real Estate
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433501
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.