724 Strowbridge DrHuronOH44839
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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 Huron at 724 Strowbridge Dr, Huron, OH, 44839 with 5% annual appreciation on a $285,000 basis while $2,605/mo rent supports operations. Total monthly income totals $2,605/mo and a $1,395/mo payment preserves $722/mo for cash returns. Annual cash flow comes to $8,663/yr on $94,478 deployed, and return on cash invested reaches 29.08% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 10.97%. Five-year ROI measures 152.55% and total cumulative return in cash totals $144,126.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,605/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
7,300 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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