6732 Bayside DrMadisonOH44057
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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 Madison at 6732 Bayside Dr, Madison, OH, 44057 uses $59,670 cash to close to unlock $8,616/yr annual cash flow and $718/mo monthly cash flow. Total monthly income runs $2,177/mo, and a $881/mo payment keeps the spread at $718/mo. Purchase price stands at $180,000, and rental yield measures 14.51% with $2,177/mo rent. Return on cash invested shows 34.35% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 182.77% and total cumulative return in cash records $109,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,177/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1997
0.44 Acres lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44057, Madison, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,645 (100%) |
| Owner Occupied HU | 6,245 (72.2%) |
| Renter Occupied HU | 1,658 (19.2%) |
| Vacant Housing Units | 742 ( 8.6%) |
| Median Home Value | $221,282 |
| Average Home Value | $284,397 |
Housing Distribution
Address Breakdown
Residential
7,974
Single Family
7,824
Multi-Family
150
Businesses
484
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