6897 County Road 15ChesapeakeOH45619
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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 Chesapeake at 6897 County Road 15, Chesapeake, OH, 45619 offers a 3.39% rental yield on a $1,300,000 purchase with $3,674/mo rent. 47% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 31.22% and total cumulative return in cash at $131,511. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,674/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
34 Acres 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
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Listed by: Brian Whitt • Arrowhead Land Company
Mls Name: My State MLS
Mls ID: #11580433