7361 Caracole Ct #7361SylvaniaOH43560
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
Rental property for sale in Sylvania at 7361 Caracole Ct #7361, Sylvania, OH, 43560 generates $2,519/mo in rent, after a $1,640/mo payment. Total monthly income is $2,519/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 9.02% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 103.06% and total cumulative return in cash sums $114,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,519/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CC Vliet-Hogan • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6132443
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. 2025 NORIS. All rights reserved.