702 Mitchell AveBeverlyOH45715
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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
Total monthly income runs $1,306/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 6.97% with $1,306/mo rent. Return on cash invested shows 17.11% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 88.42% and total cumulative return in cash records $65,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45715, Beverly, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 770 (69.6%) |
| Renter Occupied HU | 230 (20.8%) |
| Vacant Housing Units | 107 ( 9.7%) |
| Median Home Value | $182,979 |
| Average Home Value | $203,727 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
91
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