622 Turnbury LnPerrysburgOH43551
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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
Rental property for sale in Perrysburg at 622 Turnbury Ln, Perrysburg, OH, 43551 priced at $234,900 pairs $1,977/mo rent with $432/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,977/mo, and annual cash flow comes to $5,179/yr on $77,869 invested. Return on cash invested is 26.56% in year one, and rental yield stands at 10.1% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 139.04% and total cumulative return in cash reaches $108,273. For financing, Ziffy Mortgage’s DSCR program evaluates $1,977/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
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Listed by: Jeffrey Studer • The Danberry Co
Mls Name: NORIS
Mls ID: #6134111