631 Industry RdConneautOH44030
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
Investment property for sale in Conneaut at 631 Industry Rd, Conneaut, OH, 44030 at $250,000 posts ROI 17.99% with from $1,512/mo rent. Total monthly income equals $1,512/mo. Return on cash invested measures 17.99% and rental yield reads 7.26% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 93.09% and total cumulative return in cash totals $77,146. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,512/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in 1910
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44030, Conneaut, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,187 (100%) |
| Owner Occupied HU | 4,400 (61.2%) |
| Renter Occupied HU | 1,638 (22.8%) |
| Vacant Housing Units | 1,149 (16.0%) |
| Median Home Value | $157,345 |
| Average Home Value | $186,701 |
Housing Distribution
Address Breakdown
Residential
6,407
Single Family
6,163
Multi-Family
244
Businesses
362
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