6405 Madison Cove Ct #2SylvaniaOH43560
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.61, 6405 Madison Cove Ct #2, Sylvania, OH, 43560 in Sylvania sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.69%. The 8.69% yield is backed by 5% annual appreciation projecting $82,194 in value gain, plus $2,740/yr in principal reduction. Total projected cumulative return: $111,071.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $(52) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $2,089 |
| DSCR Ratio | 1.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
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
Condo
Built in 2003
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas R Beehner • Key Realty LTD
Mls Name: NORIS
Mls ID: #6127019
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. 2025 NORIS. All rights reserved.