717 Mitchell AveBeverlyOH45715
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 Beverly at 717 Mitchell Ave, Beverly, OH, 45715 listed at $280,000 pairs $930/mo rent with a $1,370/mo payment. Total monthly income runs $930/mo. Return on cash invested measures 8.13% in year one, and rental yield registers 3.99% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 40.18% and total cumulative return in cash totals $37,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices