634 Crossings CirTallmadgeOH44278
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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 Tallmadge at 634 Crossings Cir, Tallmadge, OH, 44278 generates $2,240/mo in rent and, after a $1,406/mo payment, leaves $350/mo in cash flow. Total monthly income is $2,240/mo, and annual cash flow is $4,205/yr on $95,240 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 9.36% on a $287,300 entry. Equity gained on principal adds $1,854/yr, while 5% annual appreciation builds toward $79,376 over five years. Five-year ROI reaches 127.05% and total cumulative return in cash sums $121,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,240/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,572 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44278, Tallmadge, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,104 (100%) |
| Owner Occupied HU | 6,092 (75.2%) |
| Renter Occupied HU | 1,781 (22.0%) |
| Vacant Housing Units | 231 ( 2.9%) |
| Median Home Value | $259,957 |
| Average Home Value | $287,026 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,515
Multi-Family
465
Businesses
653
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