647 Kerr AveCadizOH43907
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 Cadiz at 647 Kerr Ave, Cadiz, OH, 43907 earns $148/mo cash flow from $1,200/mo rent with a $783/mo payment. Total monthly income totals $1,200/mo, and annual cash flow totals $1,774/yr on $53,007 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.01% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash sums $64,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 1957
2,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43907, Cadiz, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 1,640 (61.6%) |
| Renter Occupied HU | 608 (22.8%) |
| Vacant Housing Units | 416 (15.6%) |
| Median Home Value | $141,582 |
| Average Home Value | $193,771 |
Housing Distribution
Address Breakdown
Residential
2,448
Single Family
2,394
Multi-Family
54
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices