680 Ferndale Ave, Vermilion, OH, 44089 | $626/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vermilion at 680 Ferndale Ave, Vermilion, OH, 44089 at $235,600 posts ROI 29.53% with $626/mo cash flow from $2,176/mo rent. Total monthly income equals $2,176/mo, and annual cash flow records $7,517/yr on $78,101 to close. Return on cash invested measures 29.53% and rental yield reads 11.08% at the current $235,600. Equity gained on principal adds $1,520/yr, and 5% annual appreciation supports $65,092 by year five. Five-year ROI prints 155% and total cumulative return in cash totals $121,057.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1973

9,147 sqft lot

$N/A/sqft

No HOA