6618 Brettin DrIndependenceOH44131
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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
Rental property for sale in Independence at 6618 Brettin Dr, Independence, OH, 44131 generates $3,959/mo in rent, after a $4,478/mo payment. Total monthly income is $3,959/mo. Return on cash invested sits at 11.85% in year one, and rental yield is 5.19% on a $915,000 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation builds toward $252,798 over five years. Five-year ROI reaches 60.11% and total cumulative return in cash sums $180,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,959/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44131, Independence, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,994 (100%) |
| Owner Occupied HU | 8,002 (89.0%) |
| Renter Occupied HU | 618 ( 6.9%) |
| Vacant Housing Units | 374 ( 4.2%) |
| Median Home Value | $273,326 |
| Average Home Value | $319,893 |
Housing Distribution
Address Breakdown
Residential
9,046
Single Family
8,851
Multi-Family
195
Businesses
1,365
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Listed by: N/A • N/A
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