663 Beech StOberlinOH44074
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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 Oberlin at 663 Beech St, Oberlin, OH, 44074 earns $518/mo cash flow from $3,472/mo rent with a $2,198/mo payment. Total monthly income totals $3,472/mo, and annual cash flow totals $6,218/yr on $148,844 capital. ROI tracks 24.09% on current figures, and rental yield reads 9.28% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 125.77% and total cumulative return in cash sums $187,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,472/mo property income instead of your personal income.
Single Family
Built in 1968
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44074, Oberlin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,650 (100%) |
| Owner Occupied HU | 2,752 (59.2%) |
| Renter Occupied HU | 1,413 (30.4%) |
| Vacant Housing Units | 485 (10.4%) |
| Median Home Value | $269,697 |
| Average Home Value | $313,969 |
Housing Distribution
Address Breakdown
Residential
4,182
Single Family
3,547
Multi-Family
635
Businesses
407
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