649 Wheatfield DrAuroraOH44202
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
Rental property for sale in Aurora at 649 Wheatfield Dr, Aurora, OH, 44202 generates $5,548/mo in rent and, after a $3,671/mo payment, leaves $615/mo in cash flow. Total monthly income is $5,548/mo, and annual cash flow is $7,374/yr on $246,750 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 8.88% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 120.16% and total cumulative return in cash sums $296,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,548/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices