671 Meadowland DrHubbardOH44425
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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 Hubbard at 671 Meadowland Dr, Hubbard, OH, 44425 priced at $229,000 converts $1,440/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 18.86% in year one, and rental yield reads 7.55% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 97.74% and total cumulative return in cash sums $74,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44425, Hubbard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,722 (71.4%) |
| Renter Occupied HU | 1,427 (21.6%) |
| Vacant Housing Units | 468 ( 7.1%) |
| Median Home Value | $150,917 |
| Average Home Value | $168,614 |
Housing Distribution
Address Breakdown
Residential
6,494
Single Family
5,970
Multi-Family
524
Businesses
420
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