6937 Nightingale DrHollandOH43528
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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
Rental property for sale in Holland at 6937 Nightingale Dr, Holland, OH, 43528 priced at $315,000 converts $2,366/mo rent into $219/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,366/mo, and annual cash flow totals $2,625/yr on $104,423 invested. Return on cash invested prints 22.42% in year one, and rental yield reads 9.01% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 117.15% and total cumulative return in cash sums $122,333. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,366/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43528, Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,856 (100%) |
| Owner Occupied HU | 4,885 (71.3%) |
| Renter Occupied HU | 1,642 (23.9%) |
| Vacant Housing Units | 329 ( 4.8%) |
| Median Home Value | $283,192 |
| Average Home Value | $313,594 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,664
Multi-Family
246
Businesses
785
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Listed by: Thomas Bertsch • The Danberry Co
Mls Name: NORIS
Mls ID: #6123920
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.