6757 County Road 15ChesapeakeOH45619
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 Chesapeake at 6757 County Road 15, Chesapeake, OH, 45619 uses $46,377 cash to close to unlock $1,938/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,082/mo, and a $685/mo payment keeps the spread at $162/mo. Purchase price stands at $139,900, and rental yield measures 9.28% with $1,082/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash records $58,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,082/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45619, Chesapeake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,187 (65.8%) |
| Renter Occupied HU | 725 (21.8%) |
| Vacant Housing Units | 410 (12.3%) |
| Median Home Value | $161,464 |
| Average Home Value | $184,625 |
Housing Distribution
Address Breakdown
Residential
3,369
Single Family
3,330
Multi-Family
39
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Hawk • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #154029