678 State Mill RdCoventry TownshipOH44319
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
Rental property for sale in Coventry Township at 678 State Mill Rd, Coventry Township, OH, 44319 priced at $190,000 pairs $3,912/mo rent with $2,532/mo cash flow after a $930/mo payment. Total monthly income equals $3,912/mo, and annual cash flow comes to $30,388/yr on $62,985 invested. Return on cash invested is 68.16% in year one, and rental yield stands at 24.71% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 363.02% and total cumulative return in cash reaches $228,648. For financing, Ziffy Mortgage’s DSCR program evaluates $3,912/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1893
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44319, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 7,356 (70.6%) |
| Renter Occupied HU | 2,136 (20.5%) |
| Vacant Housing Units | 932 ( 8.9%) |
| Median Home Value | $244,770 |
| Average Home Value | $303,264 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,536
Multi-Family
437
Businesses
782
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Nearby investment properties with comparable prices
Listed by: Anthony Dente • Plum Tree Realty, LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5131190
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