71 Narrow StButlerOH44822
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
Investment property for sale in Butler at 71 Narrow St, Butler, OH, 44822 offers a 8.76% rental yield on a $285,000 purchase with $2,081/mo rent. Total monthly income registers $2,081/mo, and a $1,395/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,475/yr on $94,478 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 117.43% and total cumulative return in cash at $110,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,081/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44822, Butler, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,114 (78.5%) |
| Renter Occupied HU | 193 (13.6%) |
| Vacant Housing Units | 112 ( 7.9%) |
| Median Home Value | $250,242 |
| Average Home Value | $305,628 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
37
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