66 Chandler AveLondonOH43140
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 London at 66 Chandler Ave, London, OH, 43140 offers a 11.1% rental yield on a $235,500 purchase with $2,178/mo rent. Total monthly income registers $2,178/mo, and a $1,153/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,543/yr on $78,068 to close, and return on cash invested stands at 29.57% in year one. Equity gained on principal adds $1,520/yr while 5% annual appreciation supports $65,064 over five years. Portfolio math shows five-year ROI at 155.18% and total cumulative return in cash at $121,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,178/mo property income against a $1,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43140, London, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 5,740 (68.1%) |
| Renter Occupied HU | 2,056 (24.4%) |
| Vacant Housing Units | 633 ( 7.5%) |
| Median Home Value | $251,153 |
| Average Home Value | $294,249 |
Housing Distribution
Address Breakdown
Residential
8,196
Single Family
8,016
Multi-Family
180
Businesses
592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices