64574 State Highway 56CreolaOH45622
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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 Creola at 64574 State Highway 56, Creola, OH, 45622 listed at $480,000 pairs $0/mo rent with a $2,349/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.9% in year one, and rental yield registers 0% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45622, Creola, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 171 (71.2%) |
| Renter Occupied HU | 28 (11.7%) |
| Vacant Housing Units | 41 (17.1%) |
| Median Home Value | $172,596 |
| Average Home Value | $236,901 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
228
Multi-Family
0
Businesses
0
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