644 State Route 99MonroevilleOH44847
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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
Investment property for sale in Monroeville at 644 State Route 99, Monroeville, OH, 44847 uses $39,449 cash to close to unlock $5,024/yr annual cash flow and $419/mo monthly cash flow. Total monthly income runs $1,201/mo, and a $582/mo payment keeps the spread at $419/mo. Purchase price stands at $119,000, and rental yield measures 12.11% with $1,201/mo rent. Return on cash invested shows 32.65% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 171.7% and total cumulative return in cash records $67,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,201/mo property income covering a $582/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44847, Monroeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,139 (75.9%) |
| Renter Occupied HU | 276 (18.4%) |
| Vacant Housing Units | 86 ( 5.7%) |
| Median Home Value | $199,867 |
| Average Home Value | $230,217 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,298
Multi-Family
18
Businesses
84
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Listed by: William Wilson • EXP Realty, LLC
Mls Name: Firelands MLS
Mls ID: #20250453
Disclaimer: Listing information is deemed reliable, but not guaranteed.