623 Beech StOberlinOH44074
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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 Oberlin at 623 Beech St, Oberlin, OH, 44074 priced at $403,500 pairs $954/mo rent with after a $1,975/mo payment. Total monthly income equals $954/mo. Return on cash invested is 4.66% in year one, and rental yield stands at 2.84% on a $403,500 basis. Equity gained on principal adds $2,604/yr, and 5% annual appreciation accumulates to $111,480 by year five. Five-year ROI measures 21.56% and total cumulative return in cash reaches $28,835. For financing, Ziffy Mortgage’s DSCR program evaluates $954/mo property income against a $1,975/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,650 (100%) |
| Owner Occupied HU | 2,752 (59.2%) |
| Renter Occupied HU | 1,413 (30.4%) |
| Vacant Housing Units | 485 (10.4%) |
| Median Home Value | $269,697 |
| Average Home Value | $313,969 |
Housing Distribution
Address Breakdown
Residential
4,182
Single Family
3,547
Multi-Family
635
Businesses
407
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